-The Indian Express To suggest that demonetisation improved rural wages on the basis of rise in income of some workers is misleading. It halted the recovery of the rural economy, which had begun after the 2016 monsoon. There is now a consensus that the economy has been slowing down and is headed for a hard landing. Many who matter have spoken out and as Yashwant Sinha points out (‘I need to speak...

-Livemint.com For Narendra Modi, the protests involving hundreds of thousands of farmers highlight his struggle to deliver on the promises that swept him to power New Delhi: Anger over falling farm incomes has spilled onto streets across a swathe of India’s largest states as farmers struggle with food price deflation and a breakdown of the informal agriculture economy. For Prime Minister Narendra Modi—already grappling with a sharp economic slowdown and looming job cuts...

-Livemint.com India’s new industrial policy is an opportunity to address the problems of low R&D spending and tough competition from cheap Chinese imports The framing of the new industrial policy should be seen as an opportunity to chart a meaningful path for industry’s role in India’s development. The recently released discussion paper by the department of industrial policy and promotion mentions two points that need to be examined closely to grasp the...

-The Indian Express In zones of prosperity, agriculture faces crisis, jobs are few, social aspirations don’t match economic realities After Maharashtra and Madhya Pradesh, farmers from Rajasthan came out on the streets demanding loan waiver and implementation of the Swaminathan Committee report. Protesting against government policies and demanding their share in the country’s development, which they argue have been denied to them, the farmers have shown unity across caste and class lines....

-PTI SBI Research said the slowdown is real and not technical and called for more public spending to arrest the slide Mumbai: Noting that the economy has been on a downslide since September 2016, SBI Research on Tuesday said the slowdown is real and not technical and called for more public spending to arrest the slide. “We certainly believe that we are in a slowdown mode since September 2016 and a slowdown that...