-The Indian Express India’s GDP 2020-21: This year, India’s per capita GDP, per capita private consumption and the level of investments in the economy — all will fall to levels last seen in 2016-17 or earlier, reveals latest official GDP data. On Thursday, the Ministry of Statistics and Programme Implementation released the First Advance Estimates (FAE) for the current financial year. According to MoSPI, India’s gross domestic product (GDP) — the total...

-The Indian Express The Centre is within its rights to enact laws promoting barrier-free trade of farm produce (inter- as well as intra-state) and also dismantling stockholding restrictions. But that can be only after the farmer has sold. In November 2019, the Fifteenth Finance Commission submitted its interim report, wherein it proposed special “performance based incentives” to states that carried out agriculture sector reforms. These reforms specifically pertained to their enacting and implementing...

-The Indian Express India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here's how it all unfolded. Dear Readers, Right through the year, at ExplainSpeaking, we have strived to make sense of the most important developments in the Indian economy. As the year ends, here are the highlights from 2020 and five things to watch out for in 2021. The...

-The Telegraph HINTERLAND: Our structural problem — small and marginal rain-fed sustenance farms, over 80 per cent of India’s agriculture sector — remains unaddressed Let’s understand the chronology: before the 2014 general elections, Narendra Modi promised farmers that he would comply with the Swaminathan Commission formula to arrive at a minimum support price for farm produce: a 50 per cent profit over the production cost. Post elections, he reneged on the promise...

-The Hindu Public works could provide valuable support to the urban poor, especially if women get most of the jobs The COVID-19 crisis has drawn attention to the insecurities that haunt the lives of the urban poor. Generally, they are less insecure than the rural poor, partly because fallback work is easier to find in urban areas — if only pulling a rickshaw or selling snacks. Still, the urban poor are exposed...