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Rising input prices keeping down net crop incomes in many states, observes new report

For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...

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Lucas Chancel, economist working on inequality, interviewed by Sanjay Vijayakumar (The Hindu)

-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...

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Economy outlook still cloudy -Ajit Ranade

-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...

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Women cry for farm rights

-The Telegraph New Delhi: Women engaged in farming have converged from across the country in the capital demanding a separate identity as "women farmers" with access to the same rights and entitlements as their male counterparts, besides land records classified according to gender. A key issue pertains to the ownership of land as patriarchy continues to deny women such rights which, in turn, blocks their access to subsidies and other inputs provided...

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Despite RERA, Centre and states not doing enough to protect home buyers -Manish

-Hindustan Times The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax...

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