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A Famine Of Ideas For Farmers -Sutanu Guru

-BusinessWorld.in There simply are no easy solutions to the crisis in Indian agriculture, a product of decades of neglect and poor policies It is quite macabre, really — the barely concealed glee that seems to course through liberal analysts and intellectuals whenever it looks like Prime Minister Narendra Modi is heading for trouble. Macabre, because as the latest series of protests and events centred around farmers show, it is as ghoulish as...

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What's wrong with electoral bonds -Bishwajit Bhattacharyya

-The Hindu Business Line These bearer instruments can’t make political funding transparent; they don’t address the insidious corporate-politico nexus The Government is all set to introduce a scheme offering political bonds as bearer instruments which will conceal the identity of the bond buyers and enable a process of political donations that, it argues, will make funding political parties transparent. The argument is deeply flawed. Electoral bonds as envisaged here open up yet another...

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Budget unmindful of income inequality -MA Oommen

-The Hindu Business Line It should have considered universal basic income. But sadly, budgets are not seen as a means to meet socio-economic goals The Union Budget attracts considerable media hype and debate. Democracy, if understood as a contract between the state and its citizens, may have to use the budgetary process to ensure not only prosperity for all, but justice or fairness to the most disadvantaged among them as well. A rational...

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Prabhat Patnaik, economist and professor emeritus at Jawaharlal Nehru University, interviewed by Jahnavi Sen

-TheWire.in In conversation with economist Prabhat Patnaik on the government’s decision to demonetise Rs 500 and Rs 1000 notes. On November 8, Prime Minister Narendra Modi addressed the nation at 8 pm and announced that Rs 500 and Rs 1000 notes would no longer be legal tender after midnight that night. This move was needed to tackle the “disease of black money,” he said. Since then, their have been numerous reports of how...

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Second thoughts on the market model -Pritam Singh

-The Tribune A confession by IMF economists in the flagship magazine stating that the kind of growth promoted by neoliberalism promotes inequality has created a buzz. Once in a while, something unexpected happens so stunningly that one finds it unbelievable in the first instance. A group of three economists in IMF's research department has written a joint paper criticising some key aspects of IMF's creed of neo-liberalism. It appears as unbelievable as...

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