-The Times of India NEW DELHI: Joblessness in India is running at a five-year high of 5% of the 15-plus-years work force. Over a third of working people are employed for less than a year and 68% of households are earning up to only Rs 10,000 per month, according to a new employment-unemployment (EU) survey report conducted by the Labour Bureau. Over 7.8 lakh persons in 1.6 lakh households were surveyed across...
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India set for record harvest as monsoon retreat signals bumper crop
-The Economic Times NEW DELHI: The monsoon has started withdrawing after delivering near-normal rainfall across the country, setting the stage for a bumper harvest after two years of scanty rain that hit farm output and distressed villagers. "This year the southwest monsoon has overall been good, with most states getting excess to normal rainfall and only few having deficit rains. It is good news for farmers. I am sure we will have record...
More »Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan
-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...
More »No country for equality -Bhalchandra Mungekar
-The Indian Express While crimes against Dalits are increasing, the state has time and again let them down, with little action against the perpetrators. Atrocities against Scheduled Castes (SCs) and Scheduled Tribes (STs) are a regular feature of the caste-based Indian society and distressingly, of late, they have begun increasing. What is ironical is that only recently, the country commemorated the 125th birth anniversary of B .R. Ambedkar, the icon of the...
More »Farm Policy: The political economy of why reforms elude agriculture -Pravesh Sharma
-The Indian Express India should learn from China and start with liberalisation of rural land, labour and capital markets before attempting bigger things. Independence Day has come and gone with its usual mix of celebrations, pride and ruminations on how things could be better. Interestingly, several media commentaries tagged the event with the 25th anniversary of economic reforms, launched in 1991 around the same time of the year. They largely dwelt on the theme...
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