-BusinessToday.in Among the states, Haryana reported the highest unemployment rate of 26.4 per cent, followed by Rajasthan at 25.6 per cent and Goa at 21.1 per cent India's unemployment rate increased to 6.9 per cent in February 2021 from 6.53 per cent in the previous month, according to latest data released by private think-tank Centre for Monitoring Indian Economy (CMIE). The data showed that unemployment rate in urban areas declined despite a...
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Drought Is Not Simply a Natural Calamity, It Is Also Driven by Commercial Greed -P Sainath
-TheWire.in In his foreword to Kavitha Iyer's book 'Landscapes of Loss', P. Sainath writes about the commodification of water and the thriving 'thirst economy' in the Marathwada region. As India witnesses its largest-ever farmers’ agitation, Landscapes of Loss: The Story of an Indian Drought, a new book by Kavitha Iyer, takes a close look at several of the deeper issues that have been afflicting the country’s farming community for decades now and...
More »Budgeting in a time of crisis -TCA Ramanujam
-The Hindu Keynesian economics offers guidelines for preparing the Budget The Great Depression wrecked the economies of the U.S. and Europe. In the words of Jonathan Alter, when Franklin Roosevelt became the American President in 1933, he was told: “Mr. President, if your programme succeeds you would be the greatest President in American history. If it fails, you will be the worst one”. Roosevelt replied: “If it fails, I will be the...
More »Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) , interviewed by Govindraj Ethiraj (IndiaSpend.com)
-IndiaSpend.com Latest data indicate a structural shift away from organised sector jobs towards more insecure self-employment or unorganised sector jobs, Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) tells us in this interview Mumbai: "We have an ageing population. If we have shrinking employment in urban places, if the better educated graduates or postgraduates are the ones who are losing jobs, how can we recover the economy from the downslide...
More »The political economy driving farm protests -Neelanjan Sircar
-Hindustan Times The concentration of political and economic power has made democratic contestation challenging. Citizens are finding other methods Fearing that India’s controversial proposed farm laws will disproportionately benefit a few corporate magnates, farmers have made Mukesh Ambani’s Reliance storefronts and Reliance Jio infrastructure the sites of major protest over the past few months. While Ambani has insisted that his company has no plans to enter corporate farming, his purported political networks...
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