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Job growth at a snail’s pace -Santosh Mehrotra

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

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The forgotten ones: Looking at agricultural labourers -Sukhpal Singh & Shruti Bhogal

-The Tribune While there are have been debates about the plight of farmers, hardly have we ever heard or read anything about the condition of agricultural labourers. They are the victims of economic downturn in the rural sector. THE economy of Punjab today, embroiled in various economic issues, is showing signs of crisis in the agrarian sector. We often hear and read about the woes of the farmers who are committing suicides,...

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116 farmer suicides in first 3 months of 2016 -Vishwa Mohan

-The Times of India NEW DELHI: Days after attributing the record number of farmer suicides in 2015 to poor disbursement of credit, which left them at the mercy of usurious money lenders, the Centre on Tuesday shared with Parliament grim statistics highlighting how the situation remains unchanged in 2016, with as many as 116 suicides during the first three months. Maharashtra continues to be the dark spot, recording the highest number of...

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Chained to debt in life and death -A Narayanamoorthy and P Alli

-The Hindu Business Line The only way this story of the Indian farmer will change is if policymakers ensure better remuneration for them The peasant (in India) is born in debt, lives in debt, dies in debt and bequeaths debt. This is what Sir Malcolm Darling, a famous British researcher and writer, wrote in 1925 after studying the condition of undivided Punjab’s peasants. Had Darling been alive today he would have rephrased his...

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India needs sound policy to battle weather shocks

-Hindustan Times About 330 million people are affected by drought in 10 states as 256 districts reel from severe water shortages and poor farmers suffer crop losses. The current dry spell is partly because of two back-to-back years of bad monsoons. Policy makers have no control over fickle weather whims. As credit rating and research agency Crisil points out, the rising frequency of weather shocks amid higher vulnerabilities has compounded agrarian...

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