-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....

-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scandals and had mismanaged the economy. Three years on,...

For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...

-Livemint.com Thomas Piketty’s estimates of inequality in India appear exaggerated on close scrutiny but the issue he raises is an important one Three years after writing a best-selling book on the growing problem of inequality in the Western world, the French economist Thomas Piketty has turned his attention to inequality in the developing world. In a recent research paper co-authored with Lucas Chancel of the Paris School of Economics, Piketty estimates that...

-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...