-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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GDP growth slows again in third quarter
-The Hindu Govt. cuts FY19 growth estimate to 7%; Q3 growth estimated at six-quarter low; agriculture, manufacturing contribute to slowdown GDP growth slowed for the third consecutive quarter in the October-December 2018 period, according to data released on Thursday. Growth fell to 6.6% in the third quarter, the lowest in the last six quarters. The slowdown was led by agriculture, which is estimated to grow at 2.7%, against the earlier estimate of 3.8%. Data...
More »Will the PM Kisan Scheme Impress India's Farmers? -Varun Kumar Das
-TheWire.in The scheme is far from being inclusive and will likely exacerbate already unequal social and economic conditions. The focal point of this year’s budget has been the announcement of a new centrally-sponsored scheme, the ‘Pradhan Mantri Kishan Samman Nidhi’ (PM-KISAN). This scheme assures small and marginal farm households a guaranteed annual income support of Rs 6,000. However, this scheme is hardly the first instance of agricultural income support in the country. States...
More »Food security of farmers essential to check suicides -S Harpal Singh
-The Indian Express ‘A farmer’s distress can be handled if he does not have to worry about his next meal’ If you ask Chate Gnaneshwar — from Emaikunta in Indervelli mandal of Adilabad district or other farmers who cultivate foodgrains for self-Consumption like him — of a solution to control farmer suicides, he is most likely to point out towards ensuring food security for the poor agriculture community. “The distress brought upon...
More »Jobs and gloom -Jayan Jose Thomas
-Frontline.in Available evidence indicates that the employment situation in India may have worsened in the recent past, and the losses have been heavy for the informal sector. The delayed release of official data on employment only makes diagnosis difficult. This year’s Union Budget, even if truncated because of its interim nature, was widely anticipated for the manner in which it would address the question of employment. In the last week of January,...
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