-The Indian Express Rural crisis needs nuanced interventions, not tall promises in party manifestos Farmers were sold a dream in 2014 that everything was going to change. But now they have compelling reasons to feel they were deceived. Party manifestos indicate what the politicians want us to believe. After elections, winners get either selective amnesia (Rs 15 lakh in each bank account), re-interpret promises (MSP at C2+50 per cent), continue to...
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London School of Economics announces Amartya Sen Chair; here's why Nobel laureate's name was chosen
-Financial Express With an aim to honour renowned India-born economist Amartya Sen, the London School of Economics and Political Science, has announced a Chair in Inequality Studies in his name. The Nobel laureate served as a professor in the economics department at the institute from 1971-82. The person holding the position would also serve in the capacity as the Director of the International Inequalities Institute at LSE, the institute said on its...
More »NYAY: No bridge between two Indias -R Ramakumar
-Frontline.in A closer look at the Congress party’s proposed income transfer scheme. “Two Indias are being created. One of the rich and the other of the poor… we are going to bridge these two Indias. And we are going to make sure that this one India that is formed has opportunity for all…. The idea is that you take the India of opportunity, you grow that India. Then you take some of...
More »Universal basic income not a panacea for poverty -Piyush Kamal
-The Pioneer In the absence of any sunset clause or distinct feature to identify the beneficiaries who succeed in climbing themselves out of poverty, the scheme of direct cash transfer as an income support welfare measure and as a potent tool of empowerment does not sound convincing even on paper Thanks to the proposal for the universal basic income, it has become a topic for discussion as one-fifth population of this country...
More »Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017
Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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