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Upper caste Hindus richest in India, own 41% of total assets; STs own 3.7%, says study on wealth distribution -Anjali Marar

-The Indian Express A two-year-long study jointly undertaken by the SPPU, JNU and Indian Institute of Dalit Studies has revealed that only 22.3 per cent of the country’s higher caste Hindus own 41 per cent of the country’s total wealth Pune: Caste continues to play a significant role in the educational and professional choices available to an individual, and the resultant income and assets, reveals a two-year-long study jointly undertaken by...

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Clear data doubts on India's growth story -N Madhavan

-The Hindu Business Line The government should explain constant variations in GDP figures. India’s reputation for data credibility could suffer “The (revised GDP) numbers are the result of a hatchet job” tweeted former Finance Minister P Chidambaram after the Modi government published the back-series GDP data late November. Ahmed Patel, his colleague in the Congress pARTy, added his bit: ‘In its desperate attempt to re-write GDP data, the government resembles a student...

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Is the unemployment crisis for real? -Mahesh Vyas/ TV Mohandas Pai/ Sabina Dewan

-The Hindu Employment opportunities, formal jobs and the labour force are all shrinking The jobs situation in India does not reflect a crisis, but it is a matter of serious concern. A crisis is understood as an emergency that demands immediate attention, without which we could see a calamity of sorts. There is no immediate calamity of any kind on hand. But there is a deeply insidious problem at work in the...

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With an eye on polls, Centre hikes sugar sale price by Rs.2/kg

-The Hindu Business Line Worried that mounting sugarcane arrears may hit its electoral prospects in politically-important States of Uttar Pradesh and Maharashtra, the Centre on Thursday decided to hike minimum selling price (MSP) of sugar by Rs.2 per kg to Rs.31. “We have increased the minimum selling price of sugar from ?29 per kg to ?31 per kg. This will help sugar mills to pay dues to cane farmers,” Food and Public...

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Crumbs for farmers -R Ramakumar

-Frontline.in Hidden in the Modi government’s Budget promises to India’s farmers, who are in distress, is the admission: we have failed you. No section of society has perhaps fared worse under the Narendra Modi regime than small peasants and agricultural labourers. Rural India, pARTicularly peasants, voted in large numbers for the Bharatiya Janata PARTy-led National Democratic Alliance (NDA) in 2014. Once in power, the NDA government promised to double the incomes...

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