Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
More »Think differently about healthcare -Ravikumar Chockalingam
-The Hindu India’s public health system can no longer function within the shadows of its health services system In India, public health and health services have been synonymous. This integration has dwarfed the growth of a comprehensive public health system, which is critical to overcome some of the systemic challenges in healthcare. A stark increase in population growth, along with rising life expectancy, provides the burden of chronic diseases. Tackling this requires an...
More »Farmers bear the burden of deflation -Harish Damodaran
-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...
More »As India rethinks labour rules, one item not on the agenda: Childcare facilities for women workers -Mirai Chatterjee
-Scroll.in Full-day, quality childcare can make a crucial difference in India’s fight against malnutrition, and can possibly enhance incomes of working women. Savitaben is a tobacco worker in Rasnol village, Gujarat. She has two young children under five years of age, and every morning she leaves them in a crèche run by the Self-Employed Women’s Association or SEWA, a trade union of over 15 lakh poor, self-employed women workers. The children are...
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