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Empty Promises
18 July, 2018, C.P. Chandrasekhar
Together with measures like loan write-offs offered by some BJP States and an ostensibly much-improved crop insurance scheme (PMFBY), this hike in MSPs is seen to have confirmed the pro-farmer tilt of the Narendra Modi government. The timing of the Modi government’s MSP hike for kharif crops leads to the question of whether it is backed by the financial allocations needed to deliver on them.
Has There Been an MSP Hike for Kharif Crops?
16 July, 2018, Prabhat Patnaik
The government’s MSP hike is just a cynical ploy, there has been no hike in real terms for major crops compared to the base year and the government not cognizing C2 in its MSP fixing while taking (A2+FL) is fundamentally erroneous and has no rationale as it leaves out the poorest landless farmers.
The So-called "Consumers' Interest"
21 May, 2018, Prabhat Patnaik
The argument in the wake of the Walmart-Flipkart deal, that having large multinationals in the sphere serves consumers’ interest not only ignores the plight of local producers but is also analytically unsound. “Consumers” are not an entity distinct from the displaced producers and will get affected adversely over time.
The 2018-19 Union Budget
03 February, 2018, Prabhat Patnaik
The strategy of the current budget seems to be simple: make immense noise about “helping the victimized” but do not give an extra paisa from the budget towards that ends. With the expenditure squeeze being carried out to reduce fiscal deficit, the share of central government spending in GDP is in fact budgeted to fall.
ILO Leadership Election Must Not be Another Charade
21 May, 2012, Jayati Ghosh
The ILO is uniquely positioned among the multilateral organisations to play an extremely significant role in forging a global consensus around viable alternative economic trajectories. The election of a developing country candidate as its new Director-General would have important consequences that go beyond symbolism.
Afterword on a Movement
07 September, 2011, Prabhat Patnaik
Any undermining of parliamentary democracy represents a huge social retrogression. But a positive fall-out from the Hazare movement hopefully is self-rectification by the ''democratic State'' in the face of this challenge. However, the Hazare group's assault on parliamentary institutions and exclusive emphasis on corruption within the state machinery, to the exclusion of the corporate sector and civil society groups, could turn out to be a part of an agenda of converting Indian democracy into a ''corporatocracy''.
Grabbing Global Farmland
07 September, 2011, Jayati Ghosh
It is essential to fight the irresponsible and exploitative behavior manifested by Indian companies involved in the recent trend in large-scale overseas acquisitions of farmland and the undemocratic processes underlying these land grabs. Without this, the struggle for greater economic justice within India will also be undermined.
Who Needs these Taxes?
01 September, 2009, C.P. Chandrasekhar
If increasing its fiscal manoeuvrability and greater transparency and equity were the objectives that the government was pursuing through a tax reform, then a revamp of the existing tax law to get rid of a wide range of unnecessary exemptions would have been adequate. However, the draft direct tax code is a signal that UPA II plans to continue with the policy of cajoling private capital into investing for growth with concessions that have adverse equity and welfare implications.
''Rent-a-womb'': The Latest Indian Export
10 November, 2006, Jayati Ghosh
When it comes to providing new possibilities for the outsourcing and offshoring of services, no one can beat us Indians. The proof of this comes from the latest form of such offshoring that is increasingly using India as the preferred location: the phenomenon of surrogate motherhood.
The Continuing Possibilities of Land Reform
23 November, 2004, C.P. Chandrasekhar & Jayati Ghosh
There was a long period during which land reforms had completely dropped from the national policy agenda, and even from the policy discussions of most state governments. Not only were there seemingly insuperable barriers, but it was made to appear that land reforms were unlikely to deliver much in terms of growth or productivity.

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