-Down to Earth There are prominent shortcomings in implementation, especially registration of workers and and collection and distribution of Cess The novel coronavirus disease (COVID-19) pandemic had widespread and devastating consequences to communities and enterprises in India and across the globe. However, the situation was particularly grim for the 453.6 million internal migrants in India, evidenced by the unprecedented ‘reverse migration’ witnessed during the pandemic. Their vulnerabilities were exacerbated by the fact a...
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Economic lessons for India from the Evergrande crisis in China -Vivek Kaul
-Livemint.com Real estate must contribute more to our Economy.and that calls for sectoral reforms and cheap homes Over the past few weeks, the financial and economic world has been worried about the likely collapse of Evergrande, the world’s most-indebted real estate company. At the same time, the bigger issue of China’s dependence for growth on its real-estate sector remains. In a working paper titled, Peak China Housing, Kenneth S. Rogoff and Yuanchen...
More »Are we witnessing depeasantisation in Indian agriculture?
The newly released Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round) establishes the fact that the farm households are more and more relying on wage incomes instead of 'net incomes from crop cultivation' for their livelihoods. In Marxian lexicon, proletarisation (a term that we can loosely use for depeasantisation) refers to the process in which the farmers/ tillers are...
More »Oil Ministry mulls reinstating subsidised LPG prices, survey in progress -Twesh Mishra
-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...
More »Can FPOs bring real change on the ground? -Radheshyam Jadhav
-The Hindu Business Line More farmers are coming together but are unclear about how to leverage farmer producer organisations to boost their income Over 180 farmer producer organisations(FPOs) are either in the process of registration or have started functioning in Beed district of Maharashtra. More farmers are joining hands to form FPOs under the Central government’s scheme to promote farmer collectives. However, most of these companies are in the dark about how...
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