-The Indian Express Thomas Piketty points to the widening income disparities that have accompanied economic growth in India, which endanger social stability The paper by Thomas Piketty and Lucas Chancel, ‘Indian Income Inequality 1922-2014 — From BRItish Raj to Billionaire Raj?’, is now in the public domain. Piketty needs no introduction — his Capital in the Twenty-First Century has been one of the most influential books on economics in the past decade....
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Too good to be true: How MNREGA 'improvements' are actually costing workers their wages -Ankita Aggarwal
-Scroll.in Inability of local officials and infrastructure to cope with the complex technologies driving the scheme could be leaving lakhs of workers unpaid. This year’s Economic Survey lists several “improvements” in the Mahatma Gandhi National Rural Employment Guarantee Act brought about since 2014-’15. Mostly, these “improvements” are technological initiatives – greater convergence with other programmes, “geo-tagging” of MNREGA assets. They have not made a difference on two of the stated purposes – timely...
More »After PAN, driving licences to be linked with Aadhaar: Union minister RS?Prasad
-IANS Referring to the debate on security of Aadhaar data, Prasad said the biometric information -- which includes iris scan and fingerprints -- is stored in an encrypted form and is very secure. In a bid to check the menace of multiple driving licences being issued to individuals, the central government will soon introduce linking of Aadhaar with driving licences, Union minister Ravi Shankar Prasad said on Friday. The Minister for Electronics and...
More »The Dynamics of 'Sahucars' and Farmers in Maharashtra's Villages -Parth MN
-TheWire.in Private moneylenders are a major source of loans across the region, and with the collapse of banking in rural areas, their role has only grown. Baliram Kadpe is critical of the Maharashtra government. “Farmers do not get the minimum support price [for their crops, from the state],” he says with concern. “And it is tedious for them to acquire crop loans.” Kadpe believes if the state ensures that farmers have access...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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