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David Barkin, Professor of Economics at the Metropolitan Autonomous University in Mexico City, interviewed by Kabir Agarwal (TheWire.in)

-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...

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Agrarian distress in Vidarbha, Marathwada: subsidies, debt waivers no solution to farm crisis, prioritise watershed strategies, says study -Anuradha Mascarenhas

-The Indian Express The study ‘Agrarian distress: Why Vidarbha and Marathwada alone’, which aims to identify the causes behind the farm crisis in these regions, says top priority should be given to watershed strategies while planning mitigation measures. Pune: Subsidies and debt waivers cannot resolve the agrarian crisis, according to a study by the Gokhale Institute of Politics and Economics (GIPE). The study ‘Agrarian distress: Why Vidarbha and Marathwada alone’, which aims...

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Are loan waivers the only way to help farmers? -Sanjay Kaul

-The Hindu Business Line The trend of farm loan waivers has gripped the country and Karnataka is the latest to jump on to the bandwagon. The fiscal strain of farm loan waivers on the States is worrisome. As per RBI, the gross fiscal deficit (GFD) of States rose to 3.1 per cent of GDP in 2017-18, breaching the threshold of 3 per cent GFD/GSDP ratio recommended by the Finance Commission. This threshold has...

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How Telangana supports farmers with Rs 4,000 for every acre they own -Sreenivas Janyala

-The Indian Express A look at the scheme Rythu Bandhu, seen by Arvind Subramanian as a template for agriculture policy. Hyderabad: A support scheme for farmers in Telangana has earned the appreciation of outgoing Chief Economic Advisor Arvind Subramanian, who spoke about it during an Idea Exchange interaction with The Indian Express journalists and then wrote in The Financial Express that it can be the template for social and agricultural policy. Called...

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Maharashtra: In three months, 639 farmers committed suicide owing to crop failure and debt

-The Indian Express "Of the 188, families of 174 farmers have received compensation," Revenue Minister Chandrakant Patil said, saying 122 cases were declared ineligible for compensation, while 329 cases are pending for further investigation. New Delhi: Maharashtra Revenue Minister Chandrakant Patil has said 639 farmers have committed suicide in three months (March to May) this year due to pressing debt, crop failure and the inability to repay bank loans. Patil was replying...

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