-The Indian Express The 2017 Economic Survey had flagged the UBI scheme as “a conceptually appealing idea” and a possible alternative to social welfare programmes targeted at reducing poverty. With its legislation on a 10 per cent quota for the general category poor in jobs and education getting parliamentary backing in the run-up to the Lok Sabha elections, the BJP-led government is now exploring the possibility of providing direct benefit transfers...
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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...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »2018 -- Year of Raging Joblessness -Subodh Varma
-Newsclick.in The tragedy of unemployment continues, complemented by a government that has no solution except to fiddle with data. If there was one defining promise by Narendra Modi in the run-up to the 2014 General Elections, it was that he would give one crore jobs every year. Nearly five years down the line, this is what promises to sink him and his government at the Centre. Far from fulfilling this promise, the Modi...
More »Why the farmer suicide debate is counter-productive to understanding India's agrarian crisis? -Roshan Kishore
-Hindustan Times In the discourse on agriculture, for instance, farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section. India’s political economy discourse is often a prisoner of the dictum that when there is no theory, there is a conspiracy theory. Corruption, rather than an accentuated cyclical shock after the global financial crisis, combined with the poor governance structures in Indian...
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