-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...
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Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran
-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...
More »Why Cash Transfers Cannot Replace Structural Reforms In Agriculture -Padmini Ramesh
-IndiaSpend.com New Delhi: With the launch of the Rajiv Gandhi Kisan Nyay Yojana (RGKNY) on May 21, 2020, Chhattisgarh became the sixth Indian state in two years to initiate a direct cash transfer scheme for farmers. The scheme aims to supplement the income of the state’s 1.9 million farmers by Rs 10,000-Rs 13,000 per acre of land owned. Cash transfers for COVID-19 relief and stimulus are also gaining salience, with the Centre...
More »How China Reduced the Urban-Rural Economic Chasm – and How India Can Do it Too -Mahesh Uniyal
-TheWire.in Unlike China which supported productivity-enhancing R&D investments, India’s focus has been on politically-driven subsidies that mainly benefit large farmers. We saw the trailer two years ago. TV news visuals of the plight of thousands of rural poor marching to Mumbai shocked the relatively affluent residents of India’s financial capital. The March 2018 Maharashtra farmers’ march and now the nationwide COVID-19 lockdown-triggered migrant exodus has exposed the stark duality of India – an...
More »SWAN’s third report outlines the perpetual plight of migrants in terms of food shortage, income insecurity and travel difficulties during the lockdown
On June 5th this year, the Stranded Workers Action Network, comprising volunteers from various civil society groups, academics and students enrolled in university education, released its third report entitled ‘To Leave or Not to Leave? Lockdown, Migrant Workers, and Their Journeys Home’. Among other things, the latest report states that nearly four-fifth of migrant workers (out of 5,911) who called SWAN volunteers for help (altogether 821 distress calls were made)...
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