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IMF warns of growing inequality in India and China -Remya Nair

-Livemint.com IMF points to problem with redistribution of incomes as high Growth rates are not reducing inequality New Delhi: The International Monetary Fund (IMF) has warned that both India and China face the social risk of growing inequality. By implication, it is suggesting that there is a problem with the redistribution of incomes in both these economies as high economic Growth rates are not reducing inequality. In its regional economic outlook for Asia...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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The forgotten ones: Looking at agricultural labourers -Sukhpal Singh & Shruti Bhogal

-The Tribune While there are have been debates about the plight of farmers, hardly have we ever heard or read anything about the condition of agricultural labourers. They are the victims of economic downturn in the rural sector. THE economy of Punjab today, embroiled in various economic issues, is showing signs of crisis in the agrarian sector. We often hear and read about the woes of the farmers who are committing suicides,...

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Assam’s bowl of success -Arup Shandilya

-Nezine.com Cultivation of the Early Ahu varieties of rice is helping many farmers in Assam to make better earnings Assam: In these times of drought and scarcity in many parts of the country, improved rice varieties are bringing hope to farmers in the Nalbari district of Assam. What makes it so special is the short duration that it takes to harvest. In the villages of Sungarbari, Galdighla, Adabari in Nalbari district, farmers are...

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116 farmer suicides in first 3 months of 2016 -Vishwa Mohan

-The Times of India NEW DELHI: Days after attributing the record number of farmer suicides in 2015 to poor disbursement of credit, which left them at the mercy of usurious money lenders, the Centre on Tuesday shared with Parliament grim statistics highlighting how the situation remains unchanged in 2016, with as many as 116 suicides during the first three months. Maharashtra continues to be the dark spot, recording the highest number of...

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