-The Hindu Business Line By converting a necessity into a virtue, the government has decided to release the large inventory of procured pulses to different States at a discounted rate for utilisation in various welfare programs. Necessity because the stocks continue to occupy scarce warehousing space and incur huge carrying costs. Also, the Centre thinks, warehousing space may be needed during the upcoming kharif harvest less than six weeks away; and of course,...
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People's demand forces the Jharkhand Govt. to discontinue the "cash transfer for food" pilot scheme in Nagri
The Right to Food Campaign Jharkhand welcomes the Jharkhand Government’s decision to discontinue the “DBT for food subsidy” experiment in Nagri. It is unfortunate, however, that it took almost a year of popular protests for the government to arrive at this decision. The DBT pilot caused enormous hardship to the people of Nagri, especially vulnerable groups such as single women and the elderly. Protests began within days of the experiment being...
More »The Indian economy's changing growth constraints -Niranjan Rajadhyaksha
-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...
More »Indian Workers on Starvation Wage -Subodh Varma
-Newsclick.in By all accepted standards, the official minimum wages in states are just enough to keep the worker alive. What they actually get is even less. Minimum wages of industrial workers in India are less than half of what a justifiable calculation – based on minimum calorific intake and the barest minimum of other expenses – suggests. While the central govt. using a well-accepted standard formula provides Rs.18,000 per month to its...
More »Agrarian distress in Vidarbha, Marathwada: subsidies, debt waivers no solution to farm crisis, prioritise watershed strategies, says study -Anuradha Mascarenhas
-The Indian Express The study ‘Agrarian distress: Why Vidarbha and Marathwada alone’, which aims to identify the causes behind the farm crisis in these regions, says top priority should be given to watershed strategies while planning mitigation measures. Pune: Subsidies and debt waivers cannot resolve the agrarian crisis, according to a study by the Gokhale Institute of Politics and Economics (GIPE). The study ‘Agrarian distress: Why Vidarbha and Marathwada alone’, which aims...
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