-Hindustan Times Its absence make farmers less receptive to pro-market reforms which add to income uncertainty At the heart of the debate on farm laws is the issue of the level of farm incomes. Income volatility is a key dimension important for farmers’ welfare, understanding their anxieties, and the success of a pro-market reform. The two main risks associated with farming are production risks and price risks. While production-related risks that come...
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The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »Farmers' Protests: An Opportune Moment to Review the Development Model of Land Grabbing -Vasundhara Jairath
-TheWire.in Engaging with the agrarian question must necessarily mean questioning the development model that is hungry for land but spits out the people that live on it. Over the last few weeks, images of farmers from Punjab, Haryana, and Uttar Pradesh engaged in pitched battles against the police, and by extension the state, have caught the nation’s attention as it forced the government into unconditional talks with a broad coalition of farmers’...
More »Price risks make farmers wary of private markets -Sayantan Bera
-Livemint.com For over 12 days now, farmers have been pressing the Centre to repeal a set of agriculture laws passed in September. Centre argues that the agenda is to offer choice to farmers while growers see unregulated private markets as a threat to minimum support prices. Mint explores. * Why are farmers more wary of pvt markets? Over the last five years, low global and domestic commodity prices have taken a toll on...
More »Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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