-The Indian Express Agriculture needs a champion in the Union cabinet. July, this year, marks the silver jubilee of economic reforms. It is time to take stock of our major successes and failures. There is a saying that bad times are often good for policies and good times are bad for policies. It is well-known that the foreign exchange crisis, with reserves falling to as low as $1.5 billion, triggered fundamental changes...
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Rural demand: How much can the monsoon help? -Renu Kohli
-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
More »Tackling poverty in India: Jobs, not transfers, the big poverty-buster -Carlos Felipe Balcazar, Sonalde Desai, Rinku Murgai and Ambar Narayan
-The Indian Express Between 2005 and 2012, structural changes drove poverty reduction — non-agricultural incomes rose the fastest, and the largest shifts from farm to salaried non-farm employment were seen among the poorest. The significant shift from farm work to non-farm sources of income accelerated the decline in poverty in India. Non-farm jobs pay more than agricultural labour, and incomes from both were propelled by a steep rise in wages for rural...
More »Activists oppose child ‘help’ in family enterprises -Dennis S Jesudasan
-The Hindu Argue that proposed amendments to Act will only enable legalising child labour Chennai: Amidst efforts by the Union Labour Ministry to bring in certain amendments to the Child Labour (Prohibition & Regulation) Act, 1986 and to allow children below 14 years of age to ‘help’ in family enterprises, activists demand that the government should not pass the bill in Parliament. In the run-up to Anti Child Labour Day on...
More »Bonded labourers, sex workers, forced beggars: India leads world in ‘slavery’ -Faizan Haider
-Hindustan Times India has the largest population of modern slaves in the world with more than 18 million people trapped as bonded labourers, forced beggars, sex workers and child soldiers, a global survey report said on Monday. The Global Slavery Index by human rights organisation Walk Free Foundation said the number was 1.4% of India’s population, the fourth highest among 167 countries with the largest proportion of slaves. “Existing research suggests all forms...
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