-Livemint.com Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India’s rural economy The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year’s budget. But...
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Only 15% landholders earn 91% of total national income -Richard Mahapatra
-Down to Earth Income inequality makes agrarian crisis challenging; inequality is worse among farmers than the formal economy Economists Lucas Chancel and Thomas Piketty recently concluded after a long study that inequality is at its peak in India. It is embedded in popular conscience: “Top 1 per cent of earners captured 22 per cent of total income in the country.” Their study–covering consumption, government accounts and income tax data from 1922...
More »Problem of plenty: on devising a sound agricultural policy
-The Hindu Agricultural policy should look to address the problem of severe price fluctuations There appears to be no end in sight to the cycle of boom and bust in the prices of agricultural goods. Over the last few weeks, across India the price of potatoes has fallen sharply after a year of bumper production. With the price of a kilogram of potato dropping as low as under a rupee in certain...
More »Social security still a raw deal for many -Garimella Subramaniam
-The Hindu The goal of comprehensive social security coverage remains a mere slogan in many parts of the world A recent global report on social security could serve as a useful starting point to understand the appeal of populism across the world. The World Social Protection Report 2017-19 of the International Labour Organisation could also be viewed as a blueprint for action by political parties of the mainstream. A vast majority of people...
More »Ignore Rural Anger at Your Own Peril -V Rajagopal
-TheWire.in The Gujarat election results are a wake-up call for the key political parties, as they gear up to draw strategies for the ensuing elections to three states. The years 2018 and 2019 are going to be hectic with elections scheduled for some state assemblies and to parliament. The issues that confront the citizens are many, ranging from financial to livelihood, farm operations to health and education to rural development. The performance...
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