-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...

-IANS NEW DELHI: India spends just a little over one per cent of its GDP on healthcare and this is leading the country into "a comprehensive healthcare crisis", according to Nobel laureate and noted economist Amartya Sen, who has called for greater allocation on healthcare in India and highlighted what he calls "three general failures" in the country's healthcare segment. "The fact that India allocates only a little over 1 per cent...

-Hindustan Times Profitability takes a hit as real MSPs have not risen over the years New Delhi: Most commentary around rural anger in India has been focused on either the sector’s growth performance or government spending on agriculture. Such analysis is likely to present an incomplete picture at best. Government spending on agriculture is a small fraction of the total agricultural economic output. In 2017-18, the ministry of agriculture’s spending was less...

-Hindustan Times According to the 2011 census, 45% of India’s total workers are employed in the non-agricultural sector. This number excludes those who work as either cultivators or agricultural labourers Employment generation (or the lack of it) will probably be the biggest issue in next year’s general elections. India’s employment challenge is broadly perceived as one of moving agricultural workers to remunerative jobs in the non-farm sector, and rightly so. With a...

-Newsclick.in A fact check reveals the reality behind jaw dropping ‘achievements’ claimed by the BJP govt. in UP in full front-page ads in national dailies. On 13 June, Yogi Adityanath’s BJP govt. of Uttar Pradesh issued costly full page advertisements in national dailies with a slew of claims about how agriculture in the state has achieved unprecedented heights under the one-year old govt. the ads, adorned with smiling faces of Prime Minister...