-The Telegraph Mumbai: The blistered foot rattled India's financial capital so badly that it had to sit up and engage with those it had been taking for granted for so long. The BJP-led government in Maharashtra has "accepted" the demands of farmers hours after 35,000 of them, many barefooted, marched on Mumbai, braving the blazing sun for nearly a week and walking 180km. The farmers then decided to end their agitation. The key...
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Too Little, Too Late Apathy towards the Rural Sector -Himanshu
-Economic and Political Weekly The last budget of the Modi government comes against the backdrop of severe agrarian and rural distress. It is also the last opportunity to undo the damage caused to the rural economy by this government in the last four years. While the government has finally acknowledged the gravity of the situation, its response has been limited to empty rhetoric without any financial commitment. Going by the past...
More »CSDS Mood of the Nation Survey, 2018: Crop prices biggest concern for farmers -Sanjay Kumar and others
-The Indian Express One in every four farmer respondents across all regions of the country said low prices of crops was their most pressing problem. The current crisis in India’s farm sector is perhaps the worst in the last 15-odd years. The Lokniti-CSDS survey (Part 1 was published on Wednesday) has a separate section on farmers’ issues, intended to throw light on their concerns and problems. One in every four farmer respondents across...
More »Will FM Arun Jaitley give a rural touch to Budget 2018 or will he hold on to fiscal prudence? -Shantanu Nandan Sharma
-The Economic Times After Gujarat returned the ruling BJP with a slim margin, the chorus of the establishment was "jo jeeta wohi sikandar" (He who wins is the king). It seemed apt, considering that the party retained Prime Minister Narendra Modi's home state, bunking anti-incumbency of 22 years. But opposition wags responded with "jo sikha wohi sikandar", he who learns will be king, in 2019, in the next general elections. Rural Gujarat,...
More »Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)
-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
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