-The Hindu The resultant distress in India has exacerbated pre-existing structures of disadvantage based on social identity In his book, The Great Leveler, Walter Scheidel, the Austrian economic historian, argues that throughout human history, there have been four types of catastrophic events that have led to greater economic equality: pandemic, war, revolution and state collapse. Currently, the world is going through one of them: a massive COVID-19 pandemic. In Scheidel’s analysis, the...
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Food price flare-up has no real winners -Sayantan Bera
-Livemint.com * As consumers bear the brunt of high food costs, growers see no benefit. How long will this strange dynamic last? * Many lower income consumers are also not enrolled under the federal food security scheme. An estimate suggests that over 100 million eligible Indians are excluded Ramesh Pangal calls it a season of miseries: Farmers running around with vegetables to find a buyer; leaving tomatoes to rot in the field; dumping...
More »Why farmers are not cheering their exceptional feat this kharif season -Richard Mahapatra
-Down to Earth Highest rice acreage in six years, more farmers in farms, a bounty monsoon and an expected bumper harvest don't enthuse farmers as their earning dips It is a piece of news that everybody would love to cheer about, except those who made this possible. The current kharif season is exceptional. In comparison to last year, over eight million more hectares of farms are under cultivation this season. There are more...
More »Food Consumption Trends Point at Real Income Decline Before Pandemic -Prabhat Patnaik
-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are certainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...
More »Between Household Abuse and Employer Apathy, Domestic Workers Bear the Brunt of Lockdown -Deepanshu Mohan, Kensiya Kennedy, Mansi Singh and Shivani Agarwal
-TheWire.in The nature of their work has exposed female workers to a higher degree of abuse and exploitation in the absence of an underlying social or economic safety net An indifferent government’s response to the current pandemic and its economic impact is now presenting a set of scenarios that is likely to exacerbate deep-rooted inequities, otherwise entrenched in different socio-political, economic forms. One particular group worst affected by the economic crisis, particularly within...
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