-The Financial Express The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term. A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five...
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Modi Government Gives Shock Treatment To Social Policy -Jean Dreze
-NDTV The Modi government is finally getting some flak, as it should, for its confused economic policies, epitomised by the demonetisation blunder last year. Despite relatively favourable circumstances (including good monsoons and a decline in international fuel prices), the rate of economic growth is declining quarter after quarter. For manufacturing, it is even close to zero, according to the latest estimates. Statistics related to employment and wages are even more worrying....
More »Rural job rush after slowdown -Basant Kumar Mohanty
-The Telegraph New Delhi: The demand for work under the rural job scheme has risen this financial year, with economists and social activists attributing it to the economic slowdown and the spectre of a drought in south India. The Mahatma Gandhi National Rural Employment Guarantee scheme has already generated 119 crore persondays in the first five months of the financial year, data on the rural development ministry's website show. This is 55...
More »This year's floods worst in a decade -Subodh Varma
-The Times of India NEW DELHI: As the monsoon prepares to recede, India faces a mammoth recovery task from the worst floods in a decade. Over 3.4 crore people across 280 districts have been affected by floods that left more than 1,000 dead. Very preliminary estimates indicate that over 3 lakh hectares of crops, mainly paddy, have been destroyed. Over 8 lakh homes, mostly kachcha units have been damaged or destroyed. An...
More »Tale of neglect -TK Rajalakkshmi
-Frontline.in The death of nearly 60 children in Gorakhpur because of the unavailability of oxygen can be directly attributed to the larger issue of drastic reduction in budgetary allocations for and the gross neglect of the public health system. THE death of almost 60 children, including infants, in the government-run Baba Raghav Das Medical College Hospital in Gorakhpur within a span of 48 hours raises several issues relating to the state...
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