-The Tribune The economic argument in support of market reforms, claiming that farm Incomes go up when the number of farmers recedes, has turned out to be untrue. America has lost more than 5 million farms in less than 100 years, and Australia 25 per cent of its farms between 1980 and 2002. The speed at which farmers across the globe have got out of agriculture hasn’t increased farm Incomes, but...

-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese Incomes remained relatively unshaken, with just a...

-TheIndiaForum.in The crises of Punjab’s agriculture are rooted in the same history that made it the granary of India. Ensuring sustainability for farmers and the farm sector requires an engagement with the shifting trajectories of agriculture over the last seven decades. Despite Punjab’s meagre size, the region has remained an important constituent in the self-imagination of the Indian nation. The imprints of Punjab’s agrarian economy and culture have continued to expand in...

-The Hindu A study at the Ludhiana-based Punjab Agricultural University to track the impact of Farmer Producer Organisations (FPO) on the income and employment of farmers in Punjab during 2019-20, has revealed that Incomes increased after farmers joined the FPOs and the impact was greater among small, marginal and semi-medium farmers. Chandigarh: The study, titled “Economic Impact of Farmer Producer Organisations on Punjab Peasantry”, asserts that overall, the while permanent labour employment...

-PTI/ The Hindu Consumption drag likely,says UBS unit Households have lost a whopping ₹13 lakh crore of their Incomes from the pandemic-induced job losses, according to a report that also warns of the economy losing momentum by mid-2021 on a likely slowdown in consumption demand that has propped the economy in recent months. ‘Could slow by mid-2021’ Describing the growth momentum seen in the second and third quarters of FY21 as a positive surprise,...