-The Hindu Unable to sustain their primary occupation, many are said to have begun migrating to cities to work as daily-wage labourers COIMBATORE: KM Ramagoundar, president of the Tamizhaga Vivasayigal Sangam and a farmer based out of Karugur, about 25 km from Krishnagiri, is a frustrated man these days. “Even the so-called big farmers, who own five or six acres, have started going to Bengaluru, where they are working as daily-wage labourers. This...
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Rural India buying less of consumer products due to falling income -Viveat Susan Pinto & Shally Seth Mohile
-Business Standard Falling incomes and longer winter to translate into lower demand for at least some months The new financial year is not much cheer to companies which generate a large chunk of sales in rural India. Their chief executives say slowing economic growth and falling rural wages are leading to a sharp fall in demand, one that will reflect in the next few quarters. A longer winter season has delayed offtake of...
More »Holes in cancer drug price cap -GS Mudur
-The Telegraph Call to govt to adopt 'cost-based' control The 30 per cent cap on profit margins imposed by India’s drug pricing authority on 42 anti-cancer drugs will have a limited impact on patients’ expenses because many of these medicines’ prices remain “prohibitive”, a network of patients’ rights groups said on Saturday. The All India Drug Action Network (Aidan) said the National Pharmaceutical Pricing Authority’s cap on profit margins in effect “legitimises” the...
More »Pathways to an income guarantee -Ram Singh
-The Hindu There is a compelling case for spending Rs. 3.6 lakh crore on the poor, but it must be done carefully The idea of a minimum income guarantee (MIG) has caught up with political parties. A MIG requires the government to pay the targeted set of citizens a fixed amount of money on a regular basis. With the promise of the Nyuntam Aay Yojana (NYAY) by the Congress party, it is...
More »A model problem
-The Indian Express Fall in emigration, and reverse migration from the Gulf, challenge Kerala’s welfare model. The state must find a way Migration trends indicate that the Gulf, which had long funded the Kerala development story, may soon turn out to be a headache if not a nightmare. Economic slowdown in the Gulf countries, state policies favouring replacement of migrants with local labour, influx of workers from Africa and countries such...
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