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India's non-agrarian rural economy struggles for sustenance -Richard Mahapatra

-Down to Earth Farmers and farm labourers, who want to quit agriculture, are stuck in the non-remunerative work since other sectors are not generating jobs at the required rate We are fairly sure by now that the upcoming Budget would be the first government instrument towards the prime minister’s ambitious plan of making India a $5 trillion economy by 2024. Currently, India is nearly a $2.8 trillion economy. It is obvious we...

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Declare drought-hit districts immediately, say farmer associations

-The Hindu Business Line About 85 per cent of the India has experienced “deficiency” or “large deficiency” in rainfall this monsoon season An umbrella body of farmer groups on Saturday urged the government to declare districts which are under severe water stress as ‘drought-hit’ immediately and not wait till the end of the monsoon season as is the usual practice. “There must not be any delay in the declaration of drought. Instead of...

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India's missed growth opportunities -Nikita Kwatra

-Livemint.com * In her new book, Puja Mehra analyses the political and economic policies of a decade that have brought India’s growth rate to its current crisis * She uses her insights as a trained economist as well as journalist to explain the workings of the governments in power In the last couple of years, India has been on a shaky growth path, regularly being called “the world’s fastest-growing economy" and losing grip...

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Why the Core of ex-CEA's Argument on India's GDP 'Overestimation' Stands -Prabhat Patnaik

-Newsclick.in After economic liberalisation, barring a brief hiatus, the growth rate has scarcely moved up compared with earlier, with manufacturing -- the sector that counts most -- often logging lower growth than before. The “gross domestic product” (GDP) is a concept rooted in an epistemic position which is intrinsically incapable of recognising the existence of a “surplus” in society. A simple example will make this clear. Suppose we have an agrarian economy...

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Bihar hospital doctors lack training, finds AIIMS team -Sana Shakil and Rajesh K Thakur

-The New Indian Express Most of the children afflicted by AES are admitted in the SKMCH as it is the largest hospital that caters to at least eight districts in the vicinity. MUZAFFARPUR: Untrained doctors who don’t have the skill to handle critical equipment in intensive care units, and the lack of an awareness drive because of the Lok Sabha elections in April-May, could be behind the sudden spike in the deaths...

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