-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...
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Redesign fiscal policy to fire up infrastructure growth -Ejaz Ghani
-Livemint.com India’s manufacturing sector is moving out of costly and congested cities to rural areas in order to stay competitive. But poor infrastructure is hampering its growth The global economic downturn has raised concerns about the effectiveness of conventional economic policies, which were designed for stabilization, and not for reviving growth in developing countries. Rural distress, spatial disparities, the gender divide and climate change, all combined with the threat of low and...
More »Noted Gandhian economist Dr Sudarshan Iyengar interviewed by Rutam Vora (The Hindu Business Line)
-The Hindu Business Line Noted Gandhian economist Dr Sudarshan Iyengar surveys the distressed agricultural landscape, pinpoints its weaknesses, and prescribes solutions with their roots in Gandhian agronomics. Edited excerpts from an interview to BusinessLine: * Given the agrarian crisis in India today, how relevant are Gandhi's economic principles based on the village economy, and equitable distribution of resources? They are relevant in the context of Gandhi's view of gram swaraj (village self-rule), which...
More »Can we prevent rural suicides? Yes, it is possible, says a recent WHO-FAO publication
Almost one in every five suicides in the world is committed by self-poisoning with pesticide, which mostly occur in rural, agricultural areas of low- and middle-income countries (LMICs), states a new publication entitled 'Preventing Suicide: A resource for pesticide registrars and regulators'. Published jointly by the World Health Organization (WHO) and the Food and Agriculture Organization of the United Nations (FAO), the booklet says that the adoption of green revolution technology...
More »Hardly the brick and mortar of a revival -Jayati Ghosh
-The Hindu The transfer of the RBI’s surplus is only a stopgap measure which will not address the key problem of a lack of demand There is no longer any room for doubt on the parlous state of the Indian economy. The automobile industry, seen as a bellwether of activity in the post-liberalisation years, is in crisis, as automakers, parts manufacturers and dealers have laid off about 350,000 workers since April this...
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