-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...
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World Bank's False Praise Pleases Besieged Modi -Subodh Varma
-Newsclick.in A World Bank study ignores slumping economy and raging joblessness to praise ‘reforms’. A charming little bromance seems to be brewing between the World Bank and India’s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of “reforms”. The latest is the so called “Doing Business” report of the World Bank which lavishes praise on the Modi govt. for making it easier to do...
More »Food for reform -Ramesh Chand & Jaspal Singh
-The Indian Express Price fluctuation and low and unremunerative prices for farm produce can be addressed through competitive markets, and much-needed reforms. EXTREME volatility in the prices of some food commodities has, in recent years, been hurting producers as well as consumers, while also disrupting certain economic activities. The reason for this appears to be the waning influence of non-price factors (technology, irrigation, extension) in driving growth, and the role of prices...
More »Six steps to job creation -Santosh Mehrotra
-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...
More »In State-Level Changes to Land Laws, a Return to Land Grabbing in Development's Name -Manju Menon, Kanchi Kohli and Debayan Gupta
-TheWire.in The new state laws, which are in line with the BJP’s land ordinance, undo consent procedures and legitimise land acquisition with terms favourable to investors. One of independent India’s landmark legal reforms has failed. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, (LARR) 2013, which replaced the colonial legislation of 1894, was one of the biggest reforms in the arena of land governance. But following...
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