-Business Today Now that a decline in private consumption is pulling down economic growth, the focus needs to shift to improving wages and other measures to spur demand and savings, which does not seem to be happening now New Delhi: That the Indian economy is slipping into a recession is quiet apparent. The real GDP growth has gone down from a peak of 8.2% in 2016-17 to 6.8% in 2018-19, with the...
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On sale: Your personal data is worth 50 paise or less -Mahender Singh Manral
-The Indian Express The Indian Express checked one of the websites, which was found to be active hours after the arrests. Investigation into two women arrested for allegedly duping more than 350 people on the pretext of providing health insurance at a low premium has revealed they were procuring database of customers from employees of call centres after paying 5 paise to 50 paise per contact. Last week, two women identified as...
More »'The Idea of India' is failing -C Rammanohar Reddy
-The Times of India The Middle class that led India’s nation-building project has now embraced a nationalism that has no place for diversity The “Idea of India” has always been grander in promise than in fulfilment. At Independence, the dream was that the people of a country of so much diversity — in language, religion, and tradition — would enjoy constitutionally guaranteed rights and through democratic means, build a just society. A...
More »Linking farmers to futures market in India -Tirtha Chatterjee, Raghav Raghunathan and Ashok Gulati
-Indian Council for Research on International Economic Relations (ICRIER), Working Paper 383 Farmers, especially small and marginal, do not directly trade in agri-futures market in India. Their small size, lack of trust and understanding of futures market and dependence on Middlemen, are some of the main deterrents. The role of Farmer Producer Organizations (FPOs) is crucial in this context since they can procure commodities, aggregate them and ensure that size and...
More »Will Punjab and Haryana HC's recommendations reduce farmers' burden? -Rajeev Khanna
-Down to Earth The court’s suggestions, like making MSP a legal right and increasing it to thrice the cost of production, are practical but need effort in implementation, say experts The Punjab and Haryana high court recently recommended that minimum support price (MSP) be made farmers’ legal right and it be set at three times the cost of production. But will these or a slew of other measures the court suggested address...
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