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Inequality has 'female face' in India, women's unpaid work worth 3.1% of GDP: Oxfam

-PTI Globally, the unpaid work done by women is worth 43-times Apple’s annual turnover, according to the Oxfam report Davos: Unpaid work done by women across the globe amounts to a staggering $10 trillion a year, which is 43 times the annual turnover of the world’s biggest company Apple, an Oxfam study said on Monday. In India, the unpaid work done by women looking after their homes and children is worth 3.1% of...

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Plough's share

-The Indian Express Subsidy for crop insurance is preferable to fertiliser, power or farm credit. But Centre should bear the full cost for the scheme. A well-conceived and pro-farmer crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — is faced with the prospect of going the fertiliser subsidy way. Just as in the latter’s case, the benefits from subsidy on crop premiums, too, seems to be going primarily...

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States must compete with each other on the basis of good governance: NITI Aayog Vice-Chairman

-The Hindu Business Line NITI Aayog Vice-Chairman Rajiv Kumar on Friday indicated that there has been progress in the efforts to empower States to compete and improve on the basis of governance. “If States have to derive democratic dividends, the only way is to facilitate them to compete with each on the basis of good governance. There is good news that States in the country are beginning to take NITI Aayog’s rankings...

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P Sainath, acclaimed journalist and Founder-Editor of the People's Archive of Rural India, interviewed by Anuradha SenGupta (News18.com)

-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...

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MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years

  In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...

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