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Modi hits out at ‘poverty alleviation industry’ -Puja Mehra

-The Hindu He stressed that his government seeks to roll out inclusive reforms that will lead to better lives for people and not just better headlines in pink newspapers. Prime Minister Narendra Modi on Friday said that India’s performance on all economic parameters, including inflation and foreign investments, is now better than when his government joined office 17 months back. Speaking at the Delhi Economics Conclave 2015, Mr. Modi stressed that...

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Green revolution needs a reset -Shanthu Shantharam

-Livemint.com India’s agricultural growth rate has hovered around 2-3% annually, when in fact it should be at least 5% India’s agriculture became moribund decades ago, and shows no sign of uplift for the long haul. Indeed, the rain gods have played havoc with Indian farmers. But not just the gods, Indian states have done precious little to tackle the problem head-on. The government’s solution is to give financial sops to farmers...

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They don’t go to the field -Harish Damodaran

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

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Farmer suicides: A brazen shame to Government -Nimai Charan Swain

-The Pioneer Bhubaneswar: The increasing instances of farmers’ suicides due mainly to failure of crops and burden of loans incurred from different sources have brought traumatic shocks and a shattering blow to the farming community in Odisha and brazen shame to the present dispensation at the helm. It appears that the State administration is never worried and concerned about the agonies and tragedies of the poor cultivators. As reported, an astounding number...

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China’s reversal of one-child policy will have economic implications

-Hindustan Times In the 1970s Deng Xiaoping explained that China’s one-child policy was being introduced to ensure “the fruits of Economic Growth are not devoured by population growth”. Last week, Chinese leader Xi Jinping’s rationale for officially abandoning the policy was the reverse: To ensure Economic Growth is not wrecked by population decrease. But it is probably too late to change China’s demographic future. China’s population has begun to age — and age...

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