-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
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Govt admits big gaps in urban work force -Basant Kumar Mohanty
-The Telegraph New Delhi: About 57.57 per cent of India's urban population of 300 million has no source of income, socio-economic data released by the government last week suggests, prompting at least one analyst to wonder if this was the reason people were willing to queue up for the whole day to exchange cash. Thirty-seven per cent are engaged in work ranging from begging to government jobs, earning some income. About 5.90...
More »Artificially created distress -Utsa Patnaik
-The Hindu To prevent further damage to the economy and to relieve distress, demonetisation should be revoked immediately Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money...
More »#UP: Elephant too tweets, short and steady -Anuradha Raman
-The Hindu A committed team of Dalit activists and academicians are working to establish a presence on social media New Delhi: Long time social media refusenik, the Bahujan Samaj Party, is embracing Twitter and Facebook ahead of the 2017 UP Assembly elections but with a difference. By focussing on issues the party supremo Mayawati has been lampooned for, concerted efforts are being made by academics from Jawaharlal Nehru University (JNU) with help...
More »Agrarian Riots: The Countryside is Burning -Abeer Kapoor
-HardNewsMedia.com A lack of jobs and an abundant workforce have meant that the agrarian states of India have become tinderboxes waiting to catch fire Statistics released by the National Crime Records Bureau (NCRB)’s annual report, “Crime in India”, reveal that in 2015, the number of ‘agrarian riots’ have increased by a whopping 327 percent. The number of cases of ‘agrarian rioting’ increased from 628 to 2,683 in one year. The bulk of...
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