-Hindustan Times Bhopal/Sagar: When 39-year-old Ram Dwivedi shot himself with a rifle in Uttar Pradesh’s water-starved Banda district a few months ago, it came as a shock even to local residents in the drought-ravaged Bundelkhand region. In the past few years, most people who committed suicide in the area were either tenants or small-time farmers. But despite having 20 acres of land, Dwivedi couldn’t generate enough income to sustain his six-member family. Hit...
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Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Farm policy needs to change with the times -Nilabja Ghosh
-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and food price inflation. This can prove costly to the economy, reminiscent of the...
More »Think different on infrastructure
-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
More »Structural Change in Bihar's Rural Economy: Findings from a Longitudinal Study -Alakh N Sharma & Gerry Rodgers
-Economic and Political Weekly Bihar has been showing signs of emerging from stagnation and backwardness. For this to occur in full, an agrarian transformation is central in a state where urbanisation remains very low. This paper uses longitudinal household data from a sample of villages to explore changes in production relations, land and other Assets, agricultural development and occupational diversification. There has been a significant change in class structure and a...
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