-The Hindu Across the country, unless adequate jobs are created for the large labour force, the frustration of the youth is not likely to be contained. In Gujarat, the Patels or Patidars, who constitute about 15 per cent of the State’s population, are an economically and politically dominant upper caste. As successful farmers, as small and big industrialists, as traders as well as non-resident Gujaratis, spread practically all over the world, they...
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Looming crisis
-The Hindu The crisis-ridden textile sector, being labour-intensive, should have been an ideal candidate for a push as part of the Prime Minister’s pet ‘Make in India’ initiative, but as the issues it is mired in remain unresolved, and with losses mounting, the situation is grim. Nearly half of India’s power looms are at a standstill: the spinning industry in the northern and southern regions has pressed in shutdowns of as...
More »Is inequality in India here to stay? -Vamsi Vakulabharanam
-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...
More »NREGA improving the lives of poor, says study
Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...
More »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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