-Down to Earth Although farmers vote at least as much, if not more than Industrial Workers or urban middle classes, elections are not fought around farmers' issues Elections are about numbers. Democratic politics is about stitching together a majority. So, the larger a group, the bigger is its “vote bank”, and greater is its electoral clout. A social group that constitutes a majority can therefore dictate its terms in an electoral democracy....
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Expect a Budget for angry Bharat -TV Jayan and Rutam Vora
-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when agriculture growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...
More »CPI for Industrial Workers up at 3.97% in Nov as food items get costlier
-PTI The All-India CPI-IW for November increased by 1 point and pegged at 288 New Delhi: Retail inflation for Industrial Workers rose to 3.97 per cent in November 2017 mainly due to surge in prices of food items, kerosene and cooking gas. "The year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017)...
More »The Truth That GDP Figures Conceal -Bodapati Srujana
-Newsclick.in The estimated growth rate for the second quarter has been declared as 6.3%, but this is nothing that an average Indian should celebrate. The quick estimated growth rate of GDP for the second quarter (Q2) of 2017-18, has been declared as 6.3%, compared to 5.7% of the previous quarter (Q1). This is seen by many, including Mr Jaitley, as a sign that India’s economic growth is back on track. According to...
More »Whose development is it anyway? -TK Rajalakshmi and Akshay Deshmane
-Frontline.in The Assembly elections have put under intense scrutiny Narendra Modi’s Gujarat model of development which is touted as worthy of replication throughout the country. Audit reports of the CAG provide ample evidence of it being inefficient, corrupt and not beneficial to the common people. THE standard indicators of development, as is understood in theory and practice, comprise a range of indices, and not necessarily the level of private investment in...
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