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Agriculture as solution -Harish Damodaran

-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The...

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'Digital divide' persists despite the country's desire to become a digital giant

  A recent report of the Ministry of Statistics and Programme Implementation (MoSPI) brings forth the dichotomy between digital divide and India’s transition towards a cashless economy. The rural-urban divide in access to computer and internet is quite stark, according to the report entitled 'Key Indicators of Household Social Consumption on Education in India, July 2017 to June 2018'.   The 75th round National SAMple Survey (NSS) report on education finds that...

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Shutdown in parts of AsSAM over Bodo accord

-The Hindu “We will not let the government implement any pact if we as major stakeholders in the Bodoland and adjoining areas are kept in the dark,” AKRSU general secretary Jibesh Ray said. Guwahati: A 12-hour shutdown called by several organisations on Monday against the Bodo accord signed in New Delhi evoked a mixed response in AsSAM. It was effective in some western and north-central districts. Organisations such as the All Koch Rajbongshi...

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Merely 4% of city's 2,064 homeless people aware of welfare schemes -Saurabh Prashar

-The Indian Express The survey, which was submitted to MC Commissioner KK Yadav, also concludes that 94.6 per cent people (1953 out of 2,064) are permanently homeless and 5.4 percent people (111) are temporarily homeless in Chandigarh. Chandigarh: About 96 per cent of the total 2,064 homeless people in Chandigarh are unaware of the welfare schemes introduced by the central government, says a joint survey conducted by the Centre for Social Work...

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With a huge informal economy, government should increase spending, not worry about deficit -Maitreesh Ghatak

-The Indian Express To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day. That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to...

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