-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...
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Farm support prices come with hidden costs -Ashima Goyal
-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...
More »Delhi's Densification Is Bound to Leave Disastrous Ecological Footprints
-TheWire.in The proposed redevelopment of South Delhi will bring about a surge in congestion that will not only place an unbearable burden on public infrastructure, but also destroy an already tattered map of urban space, ecology and civility. Aurobindo Marg was named after the renowned philosopher and guru, the Delhi campus of whose ashram lies alongside this road. Fittingly, driving on Aurobindo Marg today demands spiritual strength and yogic discipline. Heading south...
More »Lower returns on produce behind farmers' distress -Roshan Kishore
-Hindustan Times Profitability takes a hit as real MSPs have not risen over the years New Delhi: Most commentary around rural anger in India has been focused on either the sector’s growth performance or government spending on agriculture. Such analysis is likely to present an incomplete picture at best. Government spending on agriculture is a small fraction of the total agricultural economic output. In 2017-18, the ministry of agriculture’s spending was less...
More »3 months after selling chana, farmers yet to get dues -Ramu Bhagwat
-The Times of India NAGPUR: As apprehended, the already distressed Vidarbha farmers are facing a severe cash crunch because of government apathy on three fronts. First, payments for tur and chana procured at MSP have been delayed. Then roll-out of loan waiver has been total mess and could not be completed a year after its announcement. Now, nationalized banks are reluctant to provide crop loans. With rains having arrived, farmers are running...
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