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The dynamic nature of poverty -Sonalde Desai & Amit Thorat

-The Hindu We need to rethink social safety nets in India’s growing economy so that they can also focus on the accidents of life rather than solely on the accidents of birth. Sometimes the grand narratives of the Left and the Right do not seem to have any relationship with the lived experiences of ordinary Indians. For the past two decades, the Left has tried to expand social welfare programmes for the...

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New entrants in India's middle class: Drivers, carpenters, pani puri vendors -Hemali Chhapia

-The Times of India MUMBAI: India's middle class has seen new entrants. Pani puri vendors, dosa sellers, carpenters, welders, launderers, drivers and cable TV technicians have all pulled themselves out of the clutches of poverty and leapt into a section of the middle class — the bedrock of the economy. A paper titled 'The Rise of the New Middle Class and the Role of Offshoring of Services', co-authored by the head of...

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Reaping distress -Jayati Ghosh

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...

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Indian hybrid seeds makers see a fifth of cotton seed returns -Ashish Kulshrestha

-The Economic Times HYDERABAD: Delayed and inadequate monsoon across several cotton growing Indian states has dented sowing and hit hybrid seeds sales hard and producers have seen nearly a fifth of seed returns from their distributors, double that of last year. Normal returns from seed dealers hover at around 10% a year, adding to the woes of Indian hybrid seed firms that are currently in a prolonged wrangle with the global seed...

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No country for farmers -Yatish Yadav

-The New Indian Express If a government survey report is to be believed, an agricultural household harvests a debt of Rs 3,000 every month, forget about making money to sustain itself. The agricultural household 70th round survey of National Sample Survey Office conducted during July 2012 and June 2013 has revealed that the total income of an agricultural household per month was just Rs 6,426. On the other hand, the total...

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