-TheWire.in/ Business Standard The rate of growth for India’s GDP has just about halved in just three years. New Delhi: The Narendra Modi government’s economic growth story has suffered yet another huge knock. Along with that has come the official admission that the government’s fiscal deficit last year was as large as 4.6% of gross domestic product (GDP), much wider than the 3.8%provided in the Budget presented in February earlier this year. On...
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Recent survey by civil society group show 'access-to-food' situation improves in Jharkhand, although much is required to be done for the poor & marginalised
-Press release by Right to Food Campaign, Jharkhand chapter, dated 26th May, 2020 Following the first round of quick survey of essential facilities in rural areas of Jharkhand that was conducted during the first week of April 2020, a second round of survey was done in the second and third week of May this year by members (called "observers") of the Right to Food Campaign, state chapter. Like the previous one,...
More »The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »A plan to revive a broken economy -Harsh Mander, Jayati Ghosh and Prabhat Patnaik
-The Hindu There are clear, implementable steps the Centre can take in fiscal terms to revive the economy and support livelihoods The Prime Minister has just announced Lockdown 4.0. Despite some resulting increase in economic activity, vast numbers of working people will remain without their regular incomes. He also announced a package of ₹20 lakh crore, but this includes already allocated money of ₹6-lakh crore and monetary policy directives to banks and...
More »P Sainath, founder of People's Archive of Rural India (PARI) and Ramon Magsaysay Award recipient, interviewed by Parth MN (Firstpost.com)
-Firstpost.com One of the most telling human stories to result from the COVID-19 outbreak and the resulting nationwide lockdown is that of stranded migrant workers. But theirs isn't a new story; it's taken a pandemic for urban India to take note of an issue that has remained an unseen aspect of the country's economy for much of its contemporary history. P Sainath, founder of People's Archive of Rural India (PARI) and...
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