Protesting social activists at Jantar Mantar (Delhi), who are fighting for better working conditions of MGNREGA workers, have recently shot off two demand letters – one addressed to the Finance Minister of India and the other to the Secretary of Department of Rural Development at the MoRD. The letter addressed to the Finance Minister Shri Arun Jaitley, dated 13 September, 2017, has been signed by eminent activists including Nikhil Dey,...
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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »Rising input prices keeping down net crop incomes in many states, observes new report
For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...
More »Modi Government Gives Shock Treatment To Social Policy -Jean Dreze
-NDTV The Modi government is finally getting some flak, as it should, for its confused economic policies, epitomised by the demonetisation blunder last year. Despite relatively favourable circumstances (including good monsoons and a decline in international fuel prices), the rate of economic growth is declining quarter after quarter. For manufacturing, it is even close to zero, according to the latest estimates. Statistics related to employment and wages are even more worrying....
More »Poor analysis, wrong conclusions in recent research paper, claims a group of scientists -MT Saju
-The Times of India CHENNAI: Irked by an attempt to link extreme temperature and farmer suicides in a recent paper, published by the PNAS (Proceedings of the National Academy Sciences of the United States) titled "Climate change and agricultural suicides in India" which claimed that 'temperature during India's main agricultural growing season has a strong positive effect on annual suicide rates, a group of scientists has issued a joint-press release questioning...
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