Since jobs have shrunk due to the deployment of information technology in sectors such as banking, quotas won't guarantee employment, said Union Minister Shri Nitin Gadkari recently, according to a PTI news dated 5th August, 2018. But the truth is somewhat different from what Mr. Gadkari told journalists about falling jobs against the backdrop of demand for reservation by the Marathas. Let us see why this is so. The total number...

-Newsclick.in Insurance companies have already earned about Rs.16,000 crore in three seasons. The much-hyped Pradhan Mantri Fasal Bima Yojana (PMFBY) – supposed to provide insurance protection to farmers against crop losses due to natural events – has turned into a bonanza for insurance companies while farmers are angry over delays in claim settlement, rejections and paltry compensation. Launched in 2016, four full seasons have passed since and the financial transactions show earnings...

-Outlook The collection of separate figures for suicides of farmers and farm labour has started in 2014, the year in which there were 5650 farmers committed suicides as against 6710 cases of farm labour suicides. According to the latest figures released by the government, farmer suicides in 2016 have come down to 6351 from 8007 in 2015, a drop of 21 per cent.  Suicides among agricultural labourers, however, have gone up by...

-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...

-The New Indian Express In 2017, nearly 40 lakh hectares of agricultural land was impacted because of water woes, resulting in a drop in the area under cultivation for crops. NEW DELHI: With one-third of agriculture activities in India still depending on groundwater for irrigation, the country’s cultivated land is shrinking due to depleting ground water levels and extreme weather conditions. This will impact the agriculture output and may upset the Centre’s...