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Punjab's Small Peasantry: Thriving or Deteriorating? -Sukhpal Singh and Shruti Bhogal

-Economic and Political Weekly   The small peasantry in agriculturally advanced Punjab faces a severe economic crisis. Though the total workforce has increased over time, the proportion engaged in Agriculture has been falling and the number of marginal and small holdings has been declining. The farm surpluses of indebted farmers are very low, and 14% of marginal and 9% of small farmers are effectively bankrupt. Low profitability has prompted many small farmers...

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Farmers' union threatens stir over move to amend land acquisition Act -Jyotika Sood

-Down to Earth There is speculation that provisions relating to 'fair compensation' may be tinkered with The Modi-government's move to amend the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (the new land acquisition Act) has drawn flak from the country's largest farmers' organisation, Bharatiya Kisan Union (BKU). The law was implemented from January this year. In a press statement issued Wednesday, BKU chief Rakesh Tikait said media reports...

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'More Employment doesn't Mean Better Employment'

-IANS   NEW DELHI: Rapid economic growth has engineered employment in India but also led to deteriorated working conditions in many sectors, especially manufacturing, an expert said at a conference here Wednesday. Speaking at "Dialogues on the India Exclusion Report-2014", Ravi Srivastava, a professor in the Centre for the Study of Regional Development in Jawaharlal Nehru University, elaborated how the rapid economic boom (2003-2014) generated employment in the country, but necessarily didn't offer...

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India’s Informal Economy: 400 Million Strong, Little Or No Access To Workplace Benefits -Angelo Young

-International Business Times   Consider this: There are 400 million Indians with no access to workplace benefits, such as social security, health insurance or unemployment insurance, a number higher than the population of the United States and Canada combined, according to a Delhi-based group of economic researchers. So, as the United States grapples with growing income inequality, it takes a country like India to put some of those economic and working realities into...

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CCEA hikes paddy MSP by Rs 50 a quintal to Rs 1,360

-PTI   Paddy MSP of Grade 'A' variety has been raised by Rs 55 to Rs 1,400 a quintal The government today announced Rs 50 per quintal increase in the minimum support price of paddy to Rs 1,360 to encourage farmers to cultivate rice, but said that the decision will not have an impact on inflation. Minimum support price (MSP) of pulses has been raised by up to Rs 100 per quintal. The Cabinet Committee...

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