-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...

-The Indian Express The voucher scheme is supposed to act as an intervention for LIG and EWS segments who are forced to seek accommodation elsewhere in the face of inadequate social rental housing THE MINISTRY of Housing and Urban Poverty Alleviation is considering introduction of subsidies, in the form of direct benefit transfer, that would be provided to economically weaker sections (EWS) and low income group (LIG) households towards their rent payments. The...

-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...

-Economic and Political Weekly After coming to power in 2014, the National Democratic Alliance government took several measures to dilute the pro-poor provisions of the Land Acquisition Act of 2013. Though it has backed down, several questions remain over the way the Modi government has dealt with the issue of land acquisition. Santosh Verma (santosh.econ@gmail.com) is at the Council for Social Development, New Delhi. Land acquisition—by private corporations or the state—has raised vital...

-Livemint.com BJP’s U-turn on the proposed land Act reflects a re-balancing of deeper political forces that are at work in India’s political economy The recent U-turn by the Bharatiya Janata Party (BJP)-led government on the proposed amendment to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (henceforth the land Act), can be viewed narrowly as a Congress victory in the ongoing tit-for-tat game that is short-changing...