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Prabhat Patnaik, eminent economist and professor emeritus at Jawaharlal Nehru University, interviewed by Subhoranjan Dasgupta (The Telegraph)

-The Telegraph ‘Farmers at mercy of corporates, food security threatened’ Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills. * The first onslaught was in the form of the demonetisation. While Amartya Sen termed this step “despotic”, Narendra Modi gushed that there would be no black money after the demonetisation. In the...

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Centre rolls out ₹1.19 lakh-crore stimulus package

-The Hindu Atma Nirbhar Bharat Abhiyan 3.0 includes scheme to incentivise new recruitment. Finance Minister Nirmala Sitharaman on Thursday announced a fresh set of relief and stimulus measures for the economy worth ₹1.19 lakh crore, including a scheme to boost re-employment chances of formal sector employees who lost their jobs amidst the COVID-19 pandemic. The measures, announced a day after the Reserve Bank of India (RBI) said the country had entered into a...

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Lessons from Vietnam and Bangladesh -Ajay Srivastava

-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...

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Rajasthan: After a Prolonged Battle, Farmers Get Crop Insurance Claims -Shruti Jain

-TheWire.in In 2018, farmers, who had been denied insurance claims after the Agriculture Insurance Company of India refunded their premiums, filed a PIL before the Rajasthan high court. Jaipur: After almost three years of legal battle against a public sector insurance company and a state-run co-operative bank that arbitrarily denied them insurance claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY), farmers in Rajasthan’s Jodhpur have finally received their share of claims...

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Farming GM crops, employment fund -- what govt panel has suggested to create 20 cr jobs in 5 yrs -Neelam Pandey

-ThePrint.in A Working Group of Ministers on employment generation and skill development submitted its report to PM Modi, making 63 suggestions across 18 sectors for job creation. New Delhi: Looking to create 20 crore job opportunities in the next five years, a government-appointed Working Group of Ministers (WGoM) has suggested allowing farming of Genetically Modified (GM) maize and soybean crops, private bikes for ride-sharing, expediting road projects and starting new ones, among...

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