-The Tribune While attracting private capital investments in production, processing and marketing of high-value agriculture, the associated adverse socio-economic implications must be avoided. Last year, Parliament enacted the Farmers’ (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020. It is supposed to empower farmers to get engaged with upgraded value chain partners in a fair, transparent, mutually agreeable and remunerative manner to enhance their income by reducing marketing risks....
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The pillars of an equitable post-COVID India -S Mahendra Dev
-The Hindu In the post-pandemic world, addressing inequality is key to sustaining growth and well-being COVID-19 in the last one year has once again reminded us of the growing inequalities in India. A recent Pew Research Report shows that India’s middle class may have shrunk by a third due to the novel coronavirus pandemic while the number of poor people earning less than ₹150 per day more than doubled. The Pew report...
More »The Kerala Model at the crossroads -Subin Dennis
-The Hindu The role of planning and social oversight in the economic development of the State needs to expand further Will the CPI(M)-led Left Democratic Front (LDF) be re-elected in the upcoming polls in Kerala, or will the Congress-led United Democratic Front (UDF) return to lead the government? The election results will have a major bearing on the path of development that the State would take in the coming years. While Kerala’s achievements...
More »India FY21-22 growth will be in the 7.5%-12.5% range, likely 10.1 %: World Bank -Sriram Lakshman
-The Hindu The Bank expects public consumption to contribute positively, but pent-up private demand to fade by end of 2021 India’s economy is expected to grow at 10.1% for the year starting April 1, 2021, as the vaccine roll-out drives activity in contact-intensive sectors, as per the World Bank’s South Asia Economic Focus South Asia Vaccinates report. However, given the significant uncertainty around epidemiological and policy factors, real GDP growth could range...
More »How daily wage workers in India suffered in the lockdown -- and continue to struggle months later -Deepanshu Mohan, Jignesh Mistry, Advaita Singh & Snehal Sreedhar
-Scroll.in Data in Lucknow showed that mean monthly income for labour work fell 62%, from Rs 9,500 per month in pre-pandemic times to Rs 3,500 per month now. Asked how the lockdown-induced economic crisis affected the lives-livelihoods of daily wage workers, Rajesh Singh, in his early 20s in Lucknow said, “Since the time of Covid and the lockdown, there has been a severe crisis of employment opportunities in local labor markets. Getting...
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