-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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No achhe din for the farmer -Ashok Gulati & Ranjana Roy
-The Indian Express When it comes to agriculture growth, the NDA government compares poorly with its immediate predecessor. The next government must initiate structural reforms, set realistic targets The Central Statistics Office (CSO) has released the second advanced estimates of national income for 2018-19, along with the quarterly GDP estimates for Quarter 3 (Q3). The overall GDP for Q3 is down to 6.6 per cent and for 2018-19 as a whole,...
More »Farm income growth slumps to a 14-year-low in Oct-December 2018 -Harish Damodaran
-The Indian Express October-December 2018 is also the second consecutive quarter where growth in gross value added (GVA) from agriculture has been lower in nominal than in real terms. The country’s farm sector output may have grown by just 2.7 per cent year-on-year in October-December 2018, the lowest in 11 quarters. But what should worry the NDA government more than the low increase in “real” terms (i.e. at constant prices) is...
More »Square pegs, round holes -Amartya Lahiri
-The Indian Express Possibly the most problematic aspect of evaluating the budget is the opaqueness of the underlying data. The interest in this year’s Union budget had been high for obvious reasons. It being an election year, there were expectations of a major spending package focused on struggling sectors such as agriculture. The budget didn’t disappoint as the finance minister announced an income support programme for farmers, raised the tax-free income...
More »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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