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Surveying India's unemployment numbers -Mahesh Vyas

-The Hindu India’s labour participation rate, very low by world standards, fell sharply after demonetisation. Women bore the brunt Monthly measurement of the unemployment rate is one of the requirements of the Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF). The SDDS — India was one of the early signatories —was established in 1996 to help countries access the international capital markets by providing adequate economic and financial information...

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Removing the roots of farmers' distress -C Rangarajan & S Mahendra Dev

-The Hindu Steps like limited procurement, boosting productivity and consolidating land holdings can help reduce agrarian distress Recently, there has been active discussion on the strategies addressing farm distress. There are media reports that the ‘interim Budget’ may focus on the farm sector among other things. Agrarian distress, in the present context, is mainly in terms of low agricultural prices and, consequently, poor farm incomes. Low productivity in agriculture and related supply...

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Issues in power subsidy and farm distress -Shripad Dharmadhikary, Sreekumar Nhalur & Ashwini Dabadge

-The Hindu Business Line Farmers are wrongly blamed for high power consumption. They need incentives for growing appropriate crops Agitations and loan waivers have brought the economics of agriculture in focus. Much of the discussion is about minimum support price, farmers’ net incomes and debt repayment capacities. However, the inputs side of the issue, especially the role and sustainability of subsidised inputs, also need equal attention if agriculture distress is to be...

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The failed promise of employment -CP Chandrasekhar

-Networkideas.org As election 2019 approaches, the Modi government, damaged by agrarian distress, is also being challenged by evidence that its record on employment generation has been extremely poor. To recall, in its campaign during the 2014 election which brought it back to power, the BJP-led National Democratic Alliance (NDA) promised to create 10 million jobs every year. The best source of information on employment we currently have is the privately conducted (and...

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Policy must tackle not just dissatisfaction of large farmers, but distress of most vulnerable -Bina Agarwal

-The Indian Express To address farmers' woes, we need a multi-pronged strategy of income support, government investment, and institutional innovations, and not a one-size-fits-all approach. The two main policy interventions repeatedly discussed in recent months to tackle farmer distress — loan waivers and minimum support prices (MSP) — treat all farmers (large/small, male/female) alike. But farmers are heterogeneous. They differ especially by income, land owned and gender. And farmer dissatisfaction is...

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