-The Indian Express The sugar industry faces a crisis of plenty. Unless bold steps are taken quickly, it can prove costly to the Modi government. The sugar sector is heading for a major crisis of plenty. India will begin the sugar season (October to September) with a sugar stock of about 10 million metric tonnes (MMT). The industry’s production estimate for 2018-19 is 35.5 MMT, up from 32.3 MMT in 2017-18, against...
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Bezwada Wilson, national convenor of the Safai Karamchari Andolan, interviewed by Ahan Penkar
-Caravan Magazine On 9 September 2018, five sanitation workers died due to inhalation of toxic fumes while cleaning a sewage tank in West Delhi. Several media reports regarding the incident noted that the men did not have any safety gear, indicating that the unavailability of equipment led to their death. The police reportedly registered a case against theengineer who was in charge of managing the sewage tank,under Sections 304 and 304A...
More »2008 global financial crisis: What government overdid, or didn't do -P Vaidyanathan Iyer
-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...
More »Why factory output figures are suspect -R Nagaraj
-The Hindu Business Line The MCA database, which underpins the jump in factory GDP, is unconvincing. The ASI method was set aside for wrong reasons In early 2015, the Central Statistical Office (CSO) introduced a new series of National Accounts Statistics (NAS) with 2011-12 as the base year, replacing the earlier series with the base year 2004-05. It is the CSO's routine job to make such revisions, roughly once in a decade,...
More »The social value of religious and political dissent -Rajeev Bhargava
-The Hindu Dissenters of the past in India were great moral agitators, introducing social, intellectual and spiritual turbulence in public life. Would they have survived today? Dissent is not only the “safety valve of democracy”, as Justice D.Y. Chandrachud reminded us, but vital for meaningful social life. Societies stultify when everyone converges on a single opinion or when official stories go unchallenged. Flaws congeal and social rot sets in. Right or wrong,...
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