-Livemint.com Unless economic misery is alleviated soon, the Narendra Modi-led BJP may have to face angry voters in 2019 general elections New Delhi: A year back, there seemed to be no stopping Narendra Modi. After a landslide victory in the Uttar Pradesh elections, the Modi-led Bharatiya Janata Party (BJP) seemed to have acquired an aura of invincibility. But that aura has diminished somewhat over the past few months as anti-incumbency has grown....
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Labour Bureau's new report indicate layoffs of casual & contract workers in Q1 of 2017-18
The declining trend in organized sector employment (i.e. in establishments employing 10 or more workers) continued in the first quarter of 2017-18. The sixth round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st July, 2017), which was released in February this year, confirms this. The Labour Bureau’s latest report says that the net number of jobs created in the 8 major sectors of the economy was...
More »Will FM Arun Jaitley give a rural touch to Budget 2018 or will he hold on to fiscal prudence? -Shantanu Nandan Sharma
-The Economic Times After Gujarat returned the ruling BJP with a slim margin, the chorus of the establishment was "jo jeeta wohi sikandar" (He who wins is the king). It seemed apt, considering that the party retained Prime Minister Narendra Modi's home state, bunking anti-incumbency of 22 years. But opposition wags responded with "jo sikha wohi sikandar", he who learns will be king, in 2019, in the next general elections. Rural Gujarat,...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Why farmers don't have electoral clout -Avik Saha and Yogendra Yadav
-Down to Earth Although farmers vote at least as much, if not more than industrial workers or urban middle classes, elections are not fought around farmers' issues Elections are about numbers. Democratic politics is about stitching together a majority. So, the larger a group, the bigger is its “vote bank”, and greater is its electoral clout. A social group that constitutes a majority can therefore dictate its terms in an electoral democracy....
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