-Review of Agrarian Studies Farmers’ incomes continue to be a concern in India because of the ongoing agrarian distress in India and depressed markets for agricultural commodities globally. The National Democratic Alliance government’s announcement that it would double farm incomes by 2022 led in 2016 to the establishment of a committee to devise strategies and mechanisms for doing so. The Committee on Doubling Farmers’ Incomes published its Report in 14 volumes....
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Govt citing lack of fiscal space for reluctance to provide adequate support to economy is odd -Jahangir Aziz
-The Indian Express What needs to be ensured is that the recovery is not hamstrung by damaged household and SME balance sheets because of the extended loss of wages and incomes. This requires extensive income support now. Sometimes we miss the forest for the trees, and at other times the trees themselves become the story. That seems to be the case with India’s 3Q20 GDP print. Some have exulted over headline growth printing...
More »Plunging down -Prabhat Patnaik
-The Telegraph The Indian economy is in a quagmire Data released by the National Statistical Office, which show the gross domestic product for the second quarter (July-September) of 2020-21 declining by “only” 7.5 per cent compared to the second quarter of the previous year, have been hailed in official circles as “good news”; on the contrary, they show the economy being stuck in a quagmire. The first point to note is that while...
More »Study points towards hunger and destitution amidst hope for a V-shaped economic recovery
Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...
More »The many layers to agricultural discontent -Valerian Rodrigues
-The Hindu The Farm Acts that are the focus of the farmers’ protest bear variously on the different strata of the farming community At a kisan rally in Bareilly, Uttar Pradesh on February 28, 2016, Prime Minister Narendra Modi spoke of his vision of doubling the income of India’s farmers by 2022. Subsequently, several central leaders and even official committees have reiterated this tall promise. Probably, one of the measures that the...
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