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Govt admits big gaps in urban work force -Basant Kumar Mohanty

-The Telegraph New Delhi: About 57.57 per cent of India's urban population of 300 million has no source of income, socio-economic data released by the government last week suggests, prompting at least one analyst to wonder if this was the reason people were willing to queue up for the whole day to exchange cash. Thirty-seven per cent are engaged in work ranging from begging to government jobs, earning some income. About 5.90...

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Demonetisation: How the cash crisis can be used to tame rural commercial capital -Pravesh Sharma

-The Indian Express These enterprises — whom she broadly categorises as ‘rural commercial capital’ — enjoy privileged access to formal credit networks. In her insightful study of the working of agricultural markets in West Bengal, British development studies scholar Barbara Harris-White has documented in detail how trade in farm produce is controlled through a web of rural and semi-urban agro commercial enterprises. These enterprises — whom she broadly categorises as ‘rural commercial capital’...

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Abhijit Sen, economist and former chairman of the Commission for Agricultural Costs and Prices, interviewed by Lola Nayar

-Outlook Economist Abhijit Sen on how Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Former chairman of the Commission for Agricultural Costs and Prices, economist Abhijit Sen, in an interview with Lola Nayar, explains that Prime Minister Narendra Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Sen ­expects a tax amnesty scheme...

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The overrated urban spinoff -Raghav Gaiha

-The Indian Express Agriculture’s contribution to poverty reduction is five times more than that of metropolitan centres Speaking at the third BRICS Urbanisation Forum in Visakhapatnam on September 14, Deputy Chairman of the Niti Ayog, Arvind Panagariya, announced that “Without cities we can’t grow rapidly”. He added, “urbanisation plays an important role in poverty alleviation”. Both claims are exaggerated and somewhat misleading. A recent report prepared for the UN points out that, over...

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Still seriously hungry and poor -Amit Kapoor & Sankalp Sharma

-The Hindu Economic growth alone is not enough to achieve key Sustainable Development Goals. It must translate into jobs for the poor and marginalised India is the fastest growing large economy in the world today. Despite this, one in every five Indians is poor. Multilateral agencies as well as governments are playing an active role in understanding problems relating to poverty and hunger and finding solutions to them. But these challenges are...

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