-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....
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New entrants in India's middle class: Drivers, carpenters, pani puri vendors -Hemali Chhapia
-The Times of India MUMBAI: India's middle class has seen new entrants. Pani puri vendors, dosa sellers, carpenters, welders, launderers, drivers and cable TV technicians have all pulled themselves out of the clutches of poverty and leapt into a section of the middle class — the bedrock of the economy. A paper titled 'The Rise of the New Middle Class and the Role of Offshoring of Services', co-authored by the head of...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
More »Even educated spend less on women health -GS Mudur
-The Telegraph New Delhi: The gender gap in healthcare spending is increasing in India, and even educated and wealthy households spend less on women's health than on men's, scientists have reported. Demographers and other experts have documented for over a century how Indians discriminate against girls in healthcare and general well-being. New research now suggests that this gender disparity is amplified in adults and has increased over time. An analysis from two nationwide...
More »Pizzas in Kerala get a 14.5% ‘fat tax’ topping -C Maya
-The Hindu State Budget takes aim at ‘junk food’ sold in branded outlets to promote healthy eating. THIRUVANANTHAPURAM: Kerala announced a 14.5 per cent “fat tax” on pizzas, burgers, sandwiches and tacos sold through branded outlets on Friday, in sync with the World Health Organization’s advocacy of using fiscal tools to promote healthy eating. Finance Minister T.M. Thomas Isaac might have upset some youth with his move, but doctors and several parents are...
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