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Fashioning the framework of a New India -Indira Hirway

-The Hindu A major solution to the present economic crisis is to go in for inclusive growth; it also means shared prosperity The Indian economy is going through a severe crisis: a slowdown as well as a structural crisis. In the words of the former Chief Economic Adviser, Arvind Subramanian, it is headed towards the ICU. Almost all sectors of the economy are in decline: the rate of growth of the national...

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Perils, politics and prospects of groundwater in India -Manisha Shah & Bishwadeep Ghose

-India Water Portal How can India change the game on groundwater management to deal with its overexploited aquifers?. After independence, India was largely food insecure but post Green Revolution around the 1970s, foodgrain production increased manifold consequently reducing food insecurity and poverty in the country, in spite of rapid population growth. Its ability to achieve targeted results was largely dependent on the explosion of groundwater abstraction mechanisms like tubewells. Groundwater development continued...

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Farmers' group not impressed with Union Budget 2020-21

-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...

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Explained: How the government plans to reboot the economy with this budget -Udit Misra

-The Indian Express Boosting consumption by leaving people with higher disposable incomes is the key strategy The fine print of the Union Budget for 2020-21 notwithstanding, the central strategy of the government seems to be to boost the disposable incomes of the Indian consumers. * What was the problem slowing down the economy? Typically, there are four engines of GDP (gross domestic product) growth. These are as follows: Consumption of the private individuals (or...

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Seeds of Hope -Harish Damodaran

-The Indian Express India’s premier farm research and education institute has a full-time director after nearly four years. It is an institution whose blockbuster varieties account for more than 95% of the country’s Rs 32,800-crore annual basmati rice Export revenues, nearly half of its total wheat area, and a quarter of that sown under mustard. Yet, the Indian Agricultural Research Institute (IARI, better known as Pusa Institute) has an annual research budget...

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