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Why the Core of ex-CEA's Argument on India's GDP 'Overestimation' Stands -Prabhat Patnaik

-Newsclick.in After economic liberalisation, barring a brief hiatus, the growth rate has scarcely moved up compared with earlier, with manufacturing -- the sector that counts most -- often logging lower growth than before. The “gross domestic product” (GDP) is a concept rooted in an epistemic position which is intrinsically incapable of recognising the existence of a “surplus” in society. A simple example will make this clear. Suppose we have an agrarian economy...

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PM Kisan scheme: 'Centre has paid farmers around Rs. 10,500 cr so far'

-PTI New Delhi: Around 3.10 crore small farmers have so far received the first tranche of Rs. 2,000 each under the PM-Kisan scheme and 2.10 crore Peasants have got the second instalment as well, costing Rs. 10,500 crore to the exchequer, a senior Agriculture Ministry official said Tuesday. The government had announced that 12 crore farmers would be covered under the the Rs. 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme. Each...

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Everybody loves a farmer -Vijoo Krishnan

-Frontline.in The cash transfer schemes the Narendra Modi government and several State governments have announced to woo the peasantry ahead of the election, like the loan waivers, short-change farmers because they avoid the vital issue of remunerative prices for farm produce. In a sudden flurry of new-found concern for the long-suffering Indian peasant, parties across the political spectrum are desperately trying to woo this section of society. In fact, ever since...

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As Odisha farmers go on strike path, Yogi blames Naveen Patnaik -Subhashish Mohanty

-The Telegraph Peasants' body is demanding right price for agriculture produce, pension and prestige for farmers Bhubaneswar: The day Naba Nirman Krushak Sangathan, the state’s largest Peasants’ body, gave the call for a 12-hour Odisha bandh on Thursday demanding right price for agriculture produce, pension and prestige for farmers, Uttar Pradesh chief minister Yogi Adityanath lashed out at his Odisha counterpart for deliberately not implementing the PM-KISAN Yojana. While the BJP, Congress and...

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Crumbs for farmers -R Ramakumar

-Frontline.in Hidden in the Modi government’s Budget promises to India’s farmers, who are in distress, is the admission: we have failed you. No section of society has perhaps fared worse under the Narendra Modi regime than small Peasants and agricultural labourers. Rural India, particularly Peasants, voted in large numbers for the Bharatiya Janata Party-led National Democratic Alliance (NDA) in 2014. Once in power, the NDA government promised to double the incomes...

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