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India lost 11 million jobs in 2018, rural areas worst hit: CMIE

-BusinessToday.in The analysis report showed individuals from vulnerable groups, namely women, uneducated, wage labourers, agricultural labourers and small traders, being the worst hit by Job losses in 2018. Job scenario turned bleak in the past year, as almost 11 million Indians lost their jobs during 2018, a report by the Centre for Monitoring Indian Economy (CMIE) said. The analysis report showed individuals belonging to vulnerable groups being the worst hit by job...

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The safety net of the future -Pranab Bardhan

-The Indian Express Insecurity, more than poverty or indebtedness, is the key economic issue that politicians must address If social inequality is the most acutely felt social problem in India, insecurity, more than poverty, is the most acutely felt economic problem. While most measures suggest that only around one-fifth of the population today is under the official poverty line, large sections of those even much above that line are subject to...

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Punjab farmers find no solace in farm loan waiver -Sayantan Bera

-Livemint.com The farm loan waiver terms make little sense in Punjab where average landholding is over three times the national average Patiala/ New Delhi: All that Jagdeep Singh wants is a few hours of peaceful sleep. The 24-year-old from Sangatpura village in Punjab’s Patiala district had no clue that the morning of 11 December would change his life forever. At six in the morning that day, he woke up to the sudden...

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Elections 2019: India Shining 2.0 surfaces in Rural India -Sayantan Bera

-Livemint.com With barely a few months to go for 2019 Lok Sabha elections, the question across political party lines is: what can really be done now, and quickly? New Delhi: When residents gather around the fire on foggy winter evenings in Rampura, a village in Uttar Pradesh’s Bareilly district, the conversation often veers toward the declining fortunes in agriculture. Take 27-year-old Pushpendra Singh, who completed his master’s degree in commerce in 2016,...

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Neither freebies nor loan waivers will reduce farmer suicides -Neeraj Kaushal

-The Economic Times Minutes after taking oath on Monday as the new Madhya Pradesh chief minister, Kamal Nath sanctioned the waiver of farm loans in the state, as promised in the Congress election manifesto. Ostensibly, this is to relieve economic distress for farmers. But Nath himself was on record last week saying, “[Farmer distress] is why there are so many suicides.” Thus, the lightning waiver. Before anything else, let’s get the facts...

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