This small and readable book is a layperson’s introduction to India’s economic catastrophe. Since many people believe in an ongoing economic miracle, such views are often dismissed as doomsday talk. But it is better to be aware of reality than to live in an illusion. The title is apt—Bhaduri offers us an unsettling vision of what awaits us if we continue along the current path. He alerts us to the...

The UPA government has come under severe criticism for trying to hurriedly pass the Land Acquisition (amendment) and the Resettlement & Rehabilitation Bill during the ongoing Parliamentary session. Both the bills have been dubbed as anti-poor as their provisions are seen to promote forced dispossession of farmers’ land as well as large scale displacement of rural people. The haste with which the two Bills are being promoted could be assessed...

Several civil society organizations and citizens who believe that a section of government and bureaucracy should not be allowed to dilute the right to information (RTI), staged a daylong protest at Jantar Mantar in New Delhi today (November 14, 2009) against the attempts to dilute the historical Act. (See the press release below for details) The civil society organizations, led by the National Council for the Peoples’ Right to Information...

Output and Growth     According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...

KEY TRENDS    • The proportion of households which completed 100 days of wage employment under MGNREGA in total households that worked was 6.02 percent in 2014-15, 10.07 percent in 2015-16, 7.79 percent in 2016-17 and 5.78 percent in 2017-18 @$ • Completed works as a proportion of total works was 30.15 percent in 2014-15, 29.39 percent in 2015-16, 40.27 percent in 2016-17, 32.01 percent in 2017-18 and 3.3 percent in 2018-19 (as on 7th May, 2018) @$   • In...