-Down to Earth Highest rice acreage in six years, more farmers in farms, a bounty monsoon and an expected bumper harvest don't enthuse farmers as their earning dips It is a piece of news that everybody would love to cheer about, except those who made this possible. The current kharif season is exceptional. In comparison to last year, over eight million more hectares of farms are under cultivation this season. There are more...
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Rebuild India’s confidence, revive the economy -Manmohan Singh and Praveen Chakravarthy
-The Hindu The path to a sustained recovery is to improve sentiments in society, using economic tools These are extraordinarily difficult times for our nation and the world. People are gripped with the fear of disease and death from COVID-19. This fear is ubiquitous and transcends geography, religion and class. The inability of nations to control the spread of the novel coronavirus and the lack of a confirmed cure for the disease...
More »The myth of India’s import dependence -Rathin Roy
-Business Standard/ NIPFP In the wake of the growing military tension on the India-China border, there have been calls for boycott of Chinese products. These have little impact on strategic reality. Equally, the plea that India cannot afford to do without Chinese imports is not a truism. If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade. How would the Indian economy be hit...
More »Jean Drèze, development economist and social activist, interviewed by Shreehari Paliath (IndiaSpend.com)
-IndiaSpend.com Bengaluru: Global economic output is expected to contract by 4.9% in 2020 owing to the COVID-19 lockdown. India announced a lockdown on March 24, 2020, which was extended over two months, and continues in pockets of states depending on the spread of the disease, which has now infected more than half a million people in the country. The lockdown impacted millions of inter-state migrant workers who form the bulwark of India’s...
More »EIA Legitimised Environmental Destruction. Now, Govt ‘Renovates’ it for the Worst. -Manju Menon and Kanchi Kohli
-TheWire.in The Environment Impact Assessment (EIA), a legal process that effectively grants projects like mines, dams and industries access to land, water, forests and other environmental resources has been used in India since 1994. On March 12, 2020, in the midst of a global pandemic, the environment ministry put out a draft proposal to amend the EIA norms. The last date for public comments is June 30, 2020. The EIA was designed within...
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