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The Indian economy's changing growth constraints -Niranjan Rajadhyaksha

-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...

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A vote of no confidence from the farmers -Yogendra Yadav & Avik Saha

-The Hindu There is enough evidence to show that the government has failed farmers and agricultural labourers in a big way As the Lok Sabha debates the vote of no confidence today, representatives of farmers from across the country will be marching outside Parliament under the banner of All India Kisan Sangharsh Coordination Committee (AIKSCC), an umbrella body of 201 farmer organisations. Farmers have already passed a vote of no confidence against...

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Women hiring to dip over maternity leave; may cause 1.2cr job loss in FY19 -Namrata Singh

-The Times of India MUMBAI: A year ago, when the Maternity Benefit (Amendment) Act came into force, it was considered a landmark reform that positioned India among the top progressive nations, enabling women to stay in the workforce after childbirth. The well-intentioned amendment entitles working women to a 26-week paid leave, up from the earlier 12 weeks, something that progressive companies were already offering. With India’s women workforce participation rate dwindling from...

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Lower returns on produce behind farmers' distress -Roshan Kishore

-Hindustan Times Profitability takes a hit as real MSPs have not risen over the years New Delhi: Most commentary around rural anger in India has been focused on either the sector’s growth performance or government spending on agriculture. Such analysis is likely to present an incomplete picture at best. Government spending on agriculture is a small fraction of the total agricultural economic output. In 2017-18, the ministry of agriculture’s spending was less...

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PFRDA seeks to double pension limit under Atal Pension Yojana -Sriram Mani

-Livemint.com If approved, Atal Pension Yojana will attract more people towards the scheme and provide better inflation-beating returns New Delhi: The Pension Fund Regulatory Development Authority (PFRDA) has proposed to double the monthly pension limit to Rs 10,000 from the existing Rs 5,000 under the Atal Pension Yojana. The proposal is now under the consideration of the central government. If approved, it will attract more people towards the scheme and provide better inflation-beating...

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