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Agriculture, a new story-Deepender Singh Hooda

-The Indian Express   Contrary to the popular narrative, the second green revolution is underway. A dramatic turnaround of agriculture, India's most important sector, has gone largely unheralded. Contrary to the popular narrative, agriculture has been transformed in the last 10 years. The second green revolution is underway. At the end of the second tenure of the UPA and after a decade of persistent work, we are witnessing record agricultural outputs for every...

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Will Modi ‘waste’ his mandate?-Sunil Jain

-The Financial Express   Even in the BJP's Chhattisgarh, the costs of running the PDS outweigh the benefits-Aadhaar is the obvious answer   The first nail in Aadhaar's coffin, it has to be said, was driven in by none other than Nandan Nilekani. The day the father of the UIDAI's Aadhaar decided not to be a technocrat anymore, and chose to become a Congressman, he gave Aadhaar a distinct political flavour. It was now...

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‘Jobless growth’ no more-Santosh Mehrotra

-The Hindu   Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...

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Winnowing fact from rhetoric: A look at what figures tell of UPA's regime-Maitreesh Ghatak

-The Economic Times     There is a narrative that the UPA's rule at the Centre led to an economic disaster, especially in the second term. In contrast, Gujarat has prospered, thanks to Narendra Modi's good governance. We have several problems with this. First, through UPA's first term and about halfway into its second, many economic indicators critics like to harp on were much better than those during the NDA days. This is true...

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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

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