-The Indian Express The urban poor is still finding it difficult to return to work. Targeting social safety nets towards them is necessary as the economy struggles to recover. While COVID-19 continues its assault on human lives, the Indian economy, after the devastation in the wake of the lockdown, is showing signs of recovering. Data from a variety of sources, such as exports and car sales, as well as data from NCAER’s...
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Bihar economy: Dragged by legacy issues, a slow, steady progress -Aashish Aryan
-The Indian Express Nitish’s 15 years have seen high growth, especially in welfare indices, spending; industries slower to catch up. New Delhi: As Bihar heads into an election that promises to be a battle of proxies fought between former and present allies, on the state’s economic conditions alone, Chief Minister Nitish Kumar seems to have a clear edge. The state has improved in the last five years in terms of growth of...
More »Farm bills: India’s fields are on fire -Devinder Sharma
-The Telegraph The tearing hurry with which agriculture market reforms have been pushed through, without even consulting farmers, has resulted in huge farm protests in Punjab and Haryana At a time when I see euphoria among mainstream economists over the new set of agricultural reforms, media reports say that the Commission for Agricultural Costs and Prices has observed that only 12 per cent of India’s paddy cultivators were able to sell their...
More »From PM economic council to Niti Aayog, growing disquiet over Govt tight fist -P Vaidyanathan Iyer
-The Indian Express Advisors urged fiscal push in form of wage subsidy, rural infrastructure Speaking to The Indian Express on September 26, Union Finance Minister Nirmala Sitharaman said that she is open to “the need for further stimulus” and its timing. That may not be much of an assurance given the growing sense of disquiet in expert bodies including the Prime Minister’s Economic Advisory Council, the Niti Aayog and the Chief Economic Advisor’s...
More »Three Farm Bills and India’s Rural Economy -Vijay Jawandhiya and Ajay Dandekar
-TheWire.in With low levels of farmers' income and a lack of assured price mechanism, what impact will the three farm bills have in the long term on India's agrarian economy. Here's an analysis. Last week, the Union government passed three bills to replace the three ordinances that were enacted during the COVID-19 lockdown. These three bills, expected to bring revolutionary changes to agrarian context and help double farmers’ incomes are: The Farmers’...
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