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Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda

-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...

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SY Quraishi, former Chief Election Commissioner, interviewed by Anuradha Raman (The Hindu)

-The Hindu The former Chief Election Commissioner on the EVM controversy, why the Supreme Court’s verdict on criminals in politics is a missed opportunity, and electoral bonds The debate on the reliability of electronic voting machines (EVMs) refuses to settle, with political parties continuing to voice their concerns about malfunctioning machines. Former Chief Election Commissioner S.Y. Quraishi explains how EVMs work, why he is disappointed with the Supreme Court for refusing to...

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Core inflation flourishes in Rural India amid growing agrarian crisis -Aparna Iyer

-Livemint.com Inflation for services and a few discretionary items has been higher in rural areas compared to urban centres When income is stagnant, a logical outcome could be curtailing expenditure. But rural India seems to be fine with paying higher prices for services that range from education to matinee shows. The chart above shows inflation for services and a few discretionary items has been higher in rural areas compared to urban centres. It...

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Jean Dreze, activists protest in Bihar -Amarnath Tewary

-The Hindu Allege harassment of those who questioned graft related to the MGNREGA scheme Patna: Noted economist and activist Jean Dreze and Right to Information activist Nikhil Dey, along with thousands of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) activists, on Friday protested against the “harassment and intimidation” of those who have raised questions of corruption related to the MGNREGA scheme in the Muzaffarpur district of north Bihar. The protest march led...

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Hidden figures: The numbers show absolute deterioration in the condition of farmers -Prabhat Patnaik

-The Telegraph Their demand for assured remunerative prices, therefore, is perfectly justified There are occasions when one suddenly becomes aware not just of the inadequacy of economic concepts for understanding reality but even of their obfuscating role. One such occasion was the recent kisan march in Delhi. The peasants have been facing distress for long, which has resulted in more than three lakh suicides over the last two-and-a-half decades, in growing indebtedness...

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