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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee

-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...

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Many degrees of hopelessness in India's villages -Harsh Mander

-Hindustan Times The picture of rural Indian life today that emerges from what is probably the world's largest study ever of household deprivation is sobering and sombre. It describes a massive hinterland still imprisoned in persisting endemic impoverishment, want, illiteracy and indeed hopelessness. It tells a story that every thinking and caring Indian must heed. Advocates of free markets, opposed to building a welfare state, have long argued that accelerated market-led economic...

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Nurture mission -Reetika Khera and Rajkishor Mishra

-Frontline Odisha shows the way in the implementation of the ICDS scheme to ensure that children receive nutrition and care in their earliest years, but the Centre’s moves to slash budgetary allocations could wreak havoc on such programmes. At the Tasarda anganwadi centre in Odisha’s Mayurbhanj district, as the auxiliary nurse and midwife (ANM) pulled out the blood pressure (BP) instrument to check a pregnant woman, the children at the anganwadi began...

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Landlessness is higher among Dalits but more adivasis are ‘deprived’ -Harish Damodaran

-The Indian Express The SECC has identified 14 parameters of exclusion. Fulfilling even one of them would result in a household being treated as non-deprived. Adivasis or Scheduled Tribes are the most deprived among rural households in India, despite their suffering much lower levels of landlessness and dependence on manual casual labour compared to the Dalits or Scheduled Castes. According to the results of the Socio Economic and Caste Census 2011, nearly...

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