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Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)

-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...

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Dip in tractor sales indicate further deepening of rural distress

In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

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Dial 'M' for Manufacturing -Santosh Mehrotra & J Parida

-The Hindu The recent PLFS data, which show a historic decline in manufacturing employment, make one fact plain — India desperately needs a comprehensive industrial policy, absent since 1991 The Union Budget suggests that the government has not recognised the need to create more manufacturing jobs. For the first time ever, manufacturing jobs fell in absolute terms between 2011-12 and 2017-18, to quote the Periodic Labour Force Survey (PLFS) of the National...

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The RTI journey: From rural to digital -Shriya Mohan

-The Hindu Business Line How a cluster of villages in Rajasthan embraced transparency, spurred a nationwide movement and inspired the birth of a digital portal to counter the dilution of the RTI The walls were painted a bright yellow. Drawn on them in black were statements of income and expenditure, breaking down figures in meticulous detail with rows and columns stretching across two and sometimes three floors. The paintings weren’t just on...

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90% funds for 1 party, Manmohan Singh seeks debate on state funding of elections

-The Telegraph The BJP has been cornering the lion’s share of all money going to political parties New Delhi: Former Prime Minister Manmohan Singh on Sunday called for a debate on state funding of elections, underscoring the urgency by drawing attention to how one party has had access to 90 per cent of the money going to political parties. Singh flagged the issue while addressing a meeting to mark the birth centenary year...

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