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The slow death of Kanpur's leather economy has fuelled UP's job crisis -Abhishek Waghmare

-Scroll.in / IndiaSpend.com Falling global demand, environmental regulations and contemporary cow politics have choked the leather economy of Uttar Pradesh's largest industrial city. Shadab Hussain, 23, dropped out of school at age 11 to work in a leather factory in Kanpur, the oldest and largest industrial city of India’s most populous state. To support his family, parents and four siblings, he worked eight-hour shifts every day for a monthly salary of Rs...

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Salt to the wound -Prabhat Patnaik

-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...

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0.5% tragedy and DeMo confession

-The Telegraph New Delhi: The Demonetisation Demon will gouge India's economic growth in 2016-17 by at least half a percentage point, chief economic adviser Arvind Subramanian told reporters after presenting the Economic Survey a day before the budget. Subramanian, who was voicing his views for the first time on the deeply polarising subject of demonetisation, rejected the dire prophecies of other Oracles, including his former employer, the International Monetary Fund, that projected...

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Early budget hurdle to survey -Jayanta Roy Chowdhury

-The Telegraph New Delhi: The demonetisation-hit economy, which is expected to limp back to normalcy by the middle of this calendar year, may report a GDP growth rate of around 7 per cent for 2016-17, according to North Block economists. Of course, like all cautious economists, North Block's tribe of coffee swigging GDP forecasters and policy sherpas will add a ceteris paribus (all other things being equal), the Latin term that the followers...

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Addressing the Agrarian Crisis in Punjab: Role of Agro-markets and Policy Punjab -Sukhpal Singh

-Economic and Political Weekly The state of agricultural markets, the agricultural market policy and regulatory reforms in Punjab are reviewed in the context of the agrarian crisis. The farmer and farm worker manifesto of the Aam Aadmi Party is critically assessed. Policy mechanisms for agro-industrial development of the state are suggested.   There have been various attempts in the past to address the agrarian crisis mostly in the form of relief measures...

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