-howindialives.com/ Livemint.com The recent protests by the Marathas might have roots in the declining returns from farming across Maharashtra between 2006-07 and 2014-15 Falling farm incomes in rural Maharashtra might be an important factor fuelling the current spate of protests by the Marathas, who are demanding reservation in educational institutions and government jobs. The net returns from farming, or wholesale prices minus costs of production, declined for most of the major crops...
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Indian Workers on Starvation Wage -Subodh Varma
-Newsclick.in By all accepted standards, the official minimum wages in states are just enough to keep the worker alive. What they actually get is even less. Minimum wages of industrial workers in India are less than half of what a justifiable calculation – based on minimum calorific intake and the barest minimum of other expenses – suggests. While the central govt. using a well-accepted standard formula provides Rs.18,000 per month to its...
More »As the milk glut intensifies, farmer protests are likely to spill over -Sayantan Bera
-Livemint.com Together with large stocks of sugar and higher planting of sugar cane, the surplus situation in Indian agriculture is set to worsen, fuelling another round of farmer protests as states like Madhya Pradesh, Chattisgarh and Rajasthan goes to polls Pune/ New Delhi: Karan Ramdas Atole’s dairy farm is a neat brown square of cleared ground surrounded by lush green sugarcane fields. A mechanical engineer by training, 25-year-old Atole took a loan...
More »The MSP Illusion -Ajay Vir Jakhar
-The Indian Express Raising procurement prices of kharif crops will only give false hope to farmers. Has the winter of farmers’ discontent turned into a glorious summer by the significant hike in minimum support price (MSP) for kharif crops announced two weeks ago? The hike is unlikely to stem the rural unrest that is gnawing into the ruling alliance’s votebank. The PM has had to personally defend the government’s programmes that have...
More »Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
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