-IANS NEW DELHI: India spends just a little over one per cent of its GDP on healthcare and this is leading the country into "a comprehensive healthcare crisis", according to Nobel laureate and noted economist Amartya Sen, who has called for greater allocation on healthcare in India and highlighted what he calls "three general failures" in the country's healthcare segment. "The fact that India allocates only a little over 1 per cent...
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MSP -- Unfair to farmers in food bowl states -Manjit S Kang
-The Tribune The input costs of only chosen farmers are considered to decide the MSP. This is unfair to the farmers of the 'Granary of India' as their input costs are much higher than those of farmers from the rest of the country. In the Indian system, farmers are the only 'businessmen' who cannot set their own price for their products —foodgrains. Even a 'rehrhi-wala' sets his own price daily for whatever...
More »The food economy: A Catch-22 for policymakers
-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...
More »Farmer suicides continue unabated despite PM Modi's tall promises
-National Herald Last year, Centre had informed the Supreme Court that despite a multi-pronged approach to improve income and social security of farmers, over 12,000 suicides were reported in the agricultural sector every year since 2013 Over the last 48 hours, at least 24 debt ridden farmers have committed suicide. The Marathwada region in Maharashtra has alone witnessed 452 instances of suicide in the first half of 2018 Despite announcements of loan waivers...
More »Through A Wider Lens -Rajni Bakshi
-The Indian Express AIIB meeting presents an opportunity to redefine the parameters of development. Budha Ismail Jam, a fisherman from Kutch, will be unknown to most delegates at the ASIan Infrastructure Investment Bank’s (AIIB) annual meeting being held in Mumbai on June 25-26. Yet, Jam’s story has far-reaching implications if infrastructure projects are to be more focused on the well-being of people rather than the profit margins of investors. The third annual meeting...
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