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The Truth Behind the Gujarat Growth Model -Indira Hirway

-TheWire.in After huge incentives to corporate units, the Gujarat government is left with limited funds for education, health, environment and employment for the masses. What is the Gujarat model? In simple terms, it refers to a period from 2002-03 to 20011-12 during which Gujarat experienced a quantum jump in its growth rate. The driving force was the then chief minister Narendra Modi’s innovative interpretation of neoliberal policies. The growth strategy had three major...

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Gujarat Model's Failure Explains Why the Economy Is a Significant Factor in the Coming Elections -Jayati Ghosh

-TheWire.in The model of development that was presented as a success story relies on patronising and providing incentives to large businesses while simultaneously suppressing wage incomes. By now, almost everyone in the country knows the one thing Prime Minister Narendra Modi and the team around him excel in – the art of public relations and media management. This is the reason that the ‘Gujarat model’ of handling a state’s economy became such...

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Ramesh Chand, NITI Aayog member and agricultural economist, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com Farm economist and NITI Aayog member Ramesh Chand on the urgency of agricultural market reforms to meet the target of doubling farm incomes by 2022 New Delhi: Apart from staging protests in Delhi, farmers must make themselves heard in state capitals as well to resolve issues outside the central government’s control, farm economist and NITI Aayog member Ramesh Chand said. In an interview, he spoke of the urgency of agricultural market...

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Cautionary tales -Rakesh Kalshian

-Down to Earth Jean Dreze argues that we should not leave the making of an equitable society to experts alone What does one make of the shameful statistic that over 200 million Indians still subsist below the poverty line? How does one square it with the equally obscene distinction that we have the world’s fourth largest number of billionaires, thus making India the second most unequal nation after Russia? Indeed, how...

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Farmers sell pulses at a loss as wholesale prices dip below MSP -Sayantan Bera

-Livemint.com Wholesale prices of just-harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output New Delhi: Wholesale prices of just harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output, forcing farmers to sell their produce at a loss in states such as Rajasthan. For instance, price data from wholesale markets available on the Agmarket website showed that on...

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