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'Access to formal credit increases income of farmers' -TV Jayan

-The Hindu Business Line Letting farmers use Kisan Credit Card for non-farm use for a limited time can help improve credit facility to small farmers The returns earned by farmers, who have access to formal credit, are on an average 17 per cent higher than what farmers, who are dependent on informal sources including loan sharks, earn, said an agricultural economist. Besides, access to institutional credit increases the per capita monthly consumption expenditure...

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No shortcuts to income guarantee -Harsh Mander

-The Indian Express Rahul Gandhi’s proposed scheme will do more harm than good if it comes at the cost of existing subsidies for the poor. Congress president Rahul Gandhi signaled the earnestness of his party’s resolve to end poverty and hunger by announcing an untried policy instrument — a Minimum Income Guarantee for the poor. “Millions of our brothers and sisters” could not be allowed to “suffer the scourge of poverty”...

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Pseudo-social justice -Suhas Palshikar

-The Indian Express Policy is not based on assessments of deprivation — it merely addresses specific groups The Gujjars of Rajasthan are back on the streets. This could be seen as an attempt to corner the newly-formed Congress government in the state. Both Congress and BJP have had the taste of Gujjar wrath earlier. It could also be seen as an extension of intra-party factionalism playing out in the open for...

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The shape of the jobs crisis -Santosh Mehrotra

-The Hindu India has no industrial policy or employment strategy to ride the wave of its demographic dividend Job creation has slowed since 2011-12, the year of the last published National Sample Survey Office (NSSO) labour force survey. I used Labour Bureau annual survey (2015-16) data and Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE) data (post-2016), which has a sample size larger than the NSSO labour force surveys, to reach this...

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Jean Dreze, the Belgian-Indian economist, interviewed by Ujjawal Krishnam (National Herald)

-National Herald Well-known Belgian-Indian economist Jean Drèze, reflects on the times we live in this animated conversation with Ujjawal Krishnam Jean Drèze, the Belgian-Indian economist, true to his reputation, laces humour and an acerbic wit to reflect on the times we live in. Self deprecating, he brushes aside the question how he juggles between his roles as economist, activist and teacher. He wonders at the multi-tasking ability of Indian women instead. Nor...

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