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The Indian economy's changing growth constraints -Niranjan Rajadhyaksha

-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...

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David Barkin, Professor of Economics at the Metropolitan Autonomous University in Mexico City, interviewed by Kabir Agarwal (TheWire.in)

-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...

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India's water crisis: Limited irrigation, scarcity of water threatens cultivation of Dehradun's prized basmati rice -Kamal Bhargava and Namrata Gulati Sapra

-Firstpost.com Dehradun: The state of Uttarakhand, famous for its temples, lush green natural beauty, and the prized Dehradun basmati rice, is in danger of losing the last due to water scarcity in the state. Known for its aroma and length of grains, this variety of rice is grown in Dehradun, Nainital, Pithoragarh, Bhimtal and other parts of the state and is famous all across the world. Lokesh Kumar Verma, a farmer in...

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The seeds of sustainability -Sujatha Byravan

-The Hindu How Zero Budget Natural Farming could be the model for the future In early June, Andhra Pradesh Chief Minister N. Chandrababu Naidu announced that the State would fully embrace Zero Budget Natural Farming (ZBNF), a chemical-free method that would cover all farmers by 2024. Earlier in the year, he had revealed these plans at the meeting of the World Economic Forum in Davos. Even though this revolution has been in the...

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The Age of Surplus -Harish Damodaran

-The Indian Express We have, indeed, entered a regime of “permanent surpluses” in most crops — a reality our policymakers are unable to grasp, stuck as they are in the era of the Essential Commodities Act. If there is one thing that has changed in Indian agriculture in recent times, it is supply response — the ability of farmers to increase production when prices go up. Traditionally, the supply curve in most...

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