-The Telegraph Our public discourse should be informed by economic theory that is free of obfuscations For some time now there has been a debate in the country that is as esoteric as it is misleading, namely whether the Reserve Bank of India’s reserves should be drawn down by the government to finance its expenditure. On the one side, the argument is that if the government has to undertake extra expenditure, then, other...
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'Farm loan waivers against economic principles'
-PTI About Rs. 1.47 lakh crore of agricultural loans are outstanding in Madhya Pradesh, Rajasthan and Chhattisgarh Asian Development Bank (ADB) Country Director Kenichi Yokoyama Friday said farm loan waivers were against economic principles and cannot effectively address the agrarian distress. Yokoyama also advocated for direct transfer of funds to targeted beneficiaries as it would cut down leakages. On farm loan waiver, he said most of the people are sceptical about it as an...
More »P Sainath, acclaimed journalist and Founder-Editor of the People's Archive of Rural India, interviewed by Anuradha SenGupta (News18.com)
-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...
More »A solution in search of a problem: on 10% reservations -Sonalde Desai
-The Hindu Instead of addressing inequality, the 10% quota for economically weaker sections creates huge anxieties If the number of demands for implementing reforms is any guide, India’s reservation system is clearly in disarray. However, it is unlikely that the recently passed Constitution (124th Amendment) Bill, 2019, creating a 10% quota for the economically weaker sections (EWS), will serve as anything more than a band-aid. Given the deep inequalities prevalent in access to...
More »No state has implemented Schedule V fully: Tribal activist
-The Indian Express “What Lodhi and Mughal dynasties or the Britishers did not do to us (tribals), the Indian government is doing today THRough force of law. Schedule V of the Constitution is in our favour, but not in a single state it has been implemented with full effect,” Jayant Munda said. Jharkhand-based social activist Jayant Munda, who is the son of tribal leader and Constituent Assembly member Jaipal Singh Munda,...
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