Farm sector doles: Band-aid solutions hide jobless growth; India's agrarian economy needs liberalisation, not govt handouts
5 years, 10 months ago

Farm sector doles: Band-aid solutions hide jobless growth; India's agrarian economy needs liberalisation, not govt handouts

Firstpost  

Instead of addressing the dwindling jobs and agrarian crisis, the government has responded by announcing a Targeted Basic Income scheme for farmers. In spite of its huge budgetary allocation Rs 75,000 crore per year, which exceeds National Rural Employment Guarantee Scheme budget, it offers very little purchasing capacity to individuals, let alone potential to create sizable jobs. It is in line with NITI Aayog, and economists, especially western scholars writing on India, advocating Universal Basic Income as a silver bullet for poverty reduction, by replacing various subsidies the government provides. To handle the agrarian crisis, India’s farm economy needs liberalisation, not government handouts- which at best can act as band-aid solutions.

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Modi government launched several welfare schemes to realise Ambedkar's vision for poor: Details
4 weeks ago

Modi government launched several welfare schemes to realise Ambedkar's vision for poor: Details

India TV News  

Dr BR Ambedkar, the architect of India’s Constitution, envisioned a society that promotes social and economic equality, particularly for the marginalised and backward classes. The government of India has undertaken several impactful initiatives to empower Scheduled Castes and Scheduled Tribes communities, focusing on education, economic development, social welfare, and legal protections. • The National SC/ST Hub aims to enhance the …

Farmers seek cheaper credit, lower taxes, doubling PM-KISAN amount in pre-budget meet with FM
1 month, 1 week ago

Farmers seek cheaper credit, lower taxes, doubling PM-KISAN amount in pre-budget meet with FM

Live Mint  

New Delhi, Dec 7 Farmer representatives and agricultural stakeholders urged the government to provide cheaper long-term credit, implement lower taxes, and double the PM-KISAN income support during a comprehensive pre-budget consultation with Finance Minister Nirmala Sitharaman on Saturday. Primary demands included reducing interest rates on agricultural loans to as low as 1 per cent and increasing the annual PM-KISAN instalment …

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas
5 months, 3 weeks ago

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas

News 18  

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-24 in Parliament, setting the stage for the Union Budget 2024-25. Skill Gap Challenge The Economic Survey 2023-24 said 65 per cent of India’s fast-growing population is under 35, and many lack the skills needed by a modern economy. In India, the government has been paying focused attention to enabling …

Telangana Govt exploring options to ensure all genuine small and marginal farmers are benefitted by crop loan waiver
6 months, 3 weeks ago

Telangana Govt exploring options to ensure all genuine small and marginal farmers are benefitted by crop loan waiver

The Hindu  

As the deadline for the implementation of crop loan waiver up to ₹2 lakh is approaching fast, Telangana Government is exploring various options to see that all eligible farmers, especially small and marginal farmers with holdings of less than five acres, benefited from the scheme. 40 lakh farmers across Telangana The Government is actively considering the PM Kisan Samman Yojana …

We must not let Indian agriculture turn into an unending tragi-comedy
10 months, 1 week ago

We must not let Indian agriculture turn into an unending tragi-comedy

Live Mint  

Third, agricultural spends have a targeting problem. Professor Ashok Gulati estimates that the MSP system’s total coverage is limited to only 5.6% of Indian farmers and just 2.2% of our agricultural produce by value. Juxtapose this with the fact that agriculture today accounts for a much lower portion of rural household incomes than is usually imagined. As per the National …

A Sneak Peek into PM Modi’s Transformative Initiatives for Agricultural Prosperity and Farmers’ Welfare - News18
1 year ago

A Sneak Peek into PM Modi’s Transformative Initiatives for Agricultural Prosperity and Farmers’ Welfare - News18

News 18  

In recent years, the Department of Agriculture and Farmers Welfare, under the leadership of Prime Minister Narendra Modi, has been at the forefront of introducing transformative schemes and initiatives aimed at enhancing the well-being of farmers across the nation. Pradhan Mantri Kisan Samman Nidhi PM-KISAN is a central sector scheme launched on February 24, 2019, to supplement the financial needs …

Universal basic income can be a game changer
1 year, 6 months ago

Universal basic income can be a game changer

Hindustan Times  

Universal Basic Income is an idea that has been around for centuries, but it is only in the last decade that it has become a talking point. In India, UBI was first tried out in rural Madhya Pradesh in 2011-12 with heartening results; it was also put forward in the 2017 Economic Survey and in a recent report by the …

Patralekha Chatterjee | Ensure growth with jobs: Don’t leave poor behind
1 year, 11 months ago

Patralekha Chatterjee | Ensure growth with jobs: Don’t leave poor behind

Deccan Chronicle  

There is a line in Princeton professor Ashoka Mody’s latest book India is Broken and Why it’s Hard to Fix that is relevant at all times. As Amit Basole, who heads the Centre for Sustainable Employment in Azim Premji University, and works on “jobless growth” in India, pointed out in a recent commentary piece in a national daily: “Cross-country data …

TS agriculture policies are national benchmarks: KCR
2 years ago

TS agriculture policies are national benchmarks: KCR

Deccan Chronicle  

HYDERABAD: Chief Minister K. Chandrashekar Rao, who has promised ‘ab ki baar kisan sarkar’ if the BRS came to power at the Centre after the 2024 general elections, has said that the inspiration derived from the revolutionary progress in Telangana's agricultural sector would lead to a total revolution in India and transform agriculture into a joyous livelihood for the country's …

India@75 survey: Indians favour policy push for rural development, govt jobs
2 years, 5 months ago

India@75 survey: Indians favour policy push for rural development, govt jobs

Live Mint  

How should India be governed? Around 53% of urban Indians would prefer a tax cut over cash transfers for the poor; 58% would like the government to be the job-giver compared to 42% wanting it to be an enabler of private sector jobs. View Full Image India's idea of welfare The survey covered 10,271 respondents across 204 cities and towns. …

RSS calls for ‘affordable’ food, clothing & shelter amid inflation
2 years, 5 months ago

RSS calls for ‘affordable’ food, clothing & shelter amid inflation

Live Mint  

Amid rising inflation in the country, the Rashtriya Swayamsewak Sangh has called for ‘affordable’ essentials for the people and said that a serious thought upon the link between inflation and food prices needs to be given. Amid the Opposition's sharp attack on the Central government over the issues of rising prices and imposition of the Goods and Services Tax on …

An MSP scheme to transform Indian agriculture
2 years, 11 months ago

An MSP scheme to transform Indian agriculture

The Hindu  

The ongoing struggle of farmers is not for political power. MSP could serve, in principle, three purposes — price stabilisation in the food grains market, income support to farmers, and also as a mechanism for coping with the indebtedness of farmers. The price stabilisation policy for food grains in India evolved over time, first with the Essential Commodities Act in …

Government committed to addressing challenges in agriculture sector: Narendra Tomar
3 years, 4 months ago

Government committed to addressing challenges in agriculture sector: Narendra Tomar

India TV News  

Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar on Thursday said the government is committed to addressing various challenges faced by the agriculture sector, including climate change. The government is serious about such adverse climatic conditions and our scientists are also working very diligently to develop innovative seed varieties which are compatible with such climatic conditions," he said in …

PM-KISAN: A Look at Scheme, Eligibility & Benefits as PM Modi Releases 9th Installment for Farmers Today
3 years, 5 months ago

PM-KISAN: A Look at Scheme, Eligibility & Benefits as PM Modi Releases 9th Installment for Farmers Today

News 18  

Prime Minister Narendra Modi will release the next instalment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi scheme today at 12:30pm via video conferencing. Earlier in May, PM Modi had released the 8th instalment of financial benefit under the PM Kisan Samman Nidhi scheme. About the scheme The Pradhan Mantri Kisan Samman Nidhi Yojana is a government scheme …

Historic increase in MSP, doing everything possible to double farmers' income: PM Modi
3 years, 10 months ago

Historic increase in MSP, doing everything possible to double farmers' income: PM Modi

India TV News  

On the second anniversary of the PM-Kisan scheme on Wednesday, Prime Minister Narendra Modi said that the BJP government in the Centre is doing everything possible to double the income of farmers. In a series of tweets, the Prime Minister said his government has the "honour of ushering a historic increase in minimum support price " for procurement of crops. …

‘Farm to Factory’: Employment for Marginal Farmers, Farm Labourers Need of the Hour in Rural India
4 years ago

‘Farm to Factory’: Employment for Marginal Farmers, Farm Labourers Need of the Hour in Rural India

News 18  

In farming, size matters. Farming is a seasonal affair, not a full-time job so the second job option mostly required by the small, marginal farmers and farm labourers in their nearby areas that’s why new industrial investment should be attracted in rural and backward areas by offering special incentives. Special incentives are being offered to develop industrial corridors and clusters …

In agri-reforms, go back to the drawing board
4 years ago

In agri-reforms, go back to the drawing board

The Hindu  

The purpose of agriculture reforms is to increase farmers’ incomes. The problem of low incomes in India’s agriculture sector is a complex systems problem which cannot be solved by agriculture experts alone. Economists point, wistfully, to the firmness with which bold reforms were brought about in 1991, and how the government stood up to the ‘Bombay Club’ of industrialists who …

To revive the economy, go back to the grassroots, writes Bhupesh Baghel
4 years ago

To revive the economy, go back to the grassroots, writes Bhupesh Baghel

Hindustan Times  

These are difficult times. The MNREGS has again proven to be a wonderful scheme, creating huge opportunities for migrant labourers who came back after the lockdown mishap The Congress government in Chhattisgarh believes that no economy can prosper by leaving the majority of the rural poor behind. One pivotal argument is that we have been a consumption-driven economy unlike the …

It’s time for a universal basic income programme in India
4 years, 7 months ago

It’s time for a universal basic income programme in India

The Hindu  

The ongoing crisis is creating changes that could end up dividing society into pre- and post-COVID-19 days. Tool to eradicate poverty Many consider a universal basic income programme to be a solution that could mitigate the looming crisis caused by dwindling job opportunities. The 2016-17 Economic Survey and the International Monetary Fund had once proposed quasi-basic income schemes that leave …

Centre appeals to West Bengal govt to join PM-Kisan scheme; '70 lakh farmers in state can benefit,' says Union minister Narendra Singh Tomar
4 years, 10 months ago

Centre appeals to West Bengal govt to join PM-Kisan scheme; '70 lakh farmers in state can benefit,' says Union minister Narendra Singh Tomar

Firstpost  

New Delhi: The Union Agriculture Minister Narendra Singh Tomar on Monday asked the West Bengal government to join the ambitious central scheme, PM-Kisan, which completed one year of operation without the state on board. Barring West Bengal, all other states and union territories are implementing the Pradhan Mantri Kisan Samman Nidhi which has benefited 8.45 crore farmers so far in …

Zero Funds for Zero Budget Natural Farming, Budget 2020's Sporadic Measures to Enhance Farmers' Income
4 years, 11 months ago

Zero Funds for Zero Budget Natural Farming, Budget 2020's Sporadic Measures to Enhance Farmers' Income

News 18  

New Delhi: Union Finance Minister Nirmala Sitharaman’s budget 2020 spells out sporadic measures to enhance farmers’ income without rising to the challenge of reviving rural economy and putting money in the hands of consumers. While seeking the cooperation of States in adopting sustainable cropping patterns and bringing in technology, Sitharaman said incentives shall be incumbent on States adopting Model Laws …

A mindset problem: The Hindu Editorial on rural jobs scheme fund crunch
4 years, 11 months ago

A mindset problem: The Hindu Editorial on rural jobs scheme fund crunch

The Hindu  

It needs no reiteration that the Mahatma Gandhi National Rural Employment Guarantee Scheme has acted as insurance for landless labourers during crop failures, agrarian crises and periods of a stressed economy. With the ongoing economic slowdown resulting in depressed rural wages and the lack of adequate opportunity to work, the MGNREGS has provided much needed succour and this explains why …

Government will invest widely in agri infrastructure: Sitharaman
5 years, 6 months ago

Government will invest widely in agri infrastructure: Sitharaman

India TV News  

Finance Minister Nirmala Sitharaman Friday said the government will invest widely in agriculture infrastructure and support private entrepreneurship for value addition in farm sector. Presenting the Union Budget for 2019-20, Sitharaman said the government proposes Pradhan Mantri Matsya Sampada Yojana to address critical infrastructure gap in fisheries sector. In the first Budget of the Modi government in its second term, …

How Union budget can aim to double farm income by 2022
5 years, 6 months ago

How Union budget can aim to double farm income by 2022

Live Mint  

New Delhi: In one of its first decisions after taking office on 30 May, the National Democratic Alliance government extended its income support scheme for all farmers, regardless of the size of their landholding. With the Union budget coming up on 5 July, attention has turned to another election promise: Short-term new agriculture loans of up to ₹1 lakh at …

Land, labour, financial sector reforms needed to improve manufacturing, boost economic growth, says Chief Economic Adviser
5 years, 10 months ago

Land, labour, financial sector reforms needed to improve manufacturing, boost economic growth, says Chief Economic Adviser

Firstpost  

The share of manufacturing in the economy has grown just 1.5 percentage points in the last three years to 18 percent, and good exports have shown little sign of a pick up in the last five years. New Delhi: The next government will have to bring in land, labor and financial sector reforms to improve the productivity of the manufacturing …

India needs land, labour reform to aid manufacturing: Krishnamurthy Subramanian
5 years, 10 months ago

India needs land, labour reform to aid manufacturing: Krishnamurthy Subramanian

Live Mint  

New Delhi: India's next government will have to bring in land, labour and financial sector reforms to improve the productivity of the manufacturing sector and boost economic growth, India's chief economic adviser said. Several business leaders said a delay in land acquisition for private factories, decades-old restrictive labour laws and higher borrowing costs discourage many investors who therefore prefer to …

Ensure a minimum income for all
5 years, 10 months ago

Ensure a minimum income for all

The Hindu  

The idea of a universal basic income is gaining ground globally. However, there is a strong case for direct income transfers to some groups: landless labourers, agricultural workers and marginal farmers who suffer from multi-dimensional poverty. An income support of, say, ₹15,000 per annum can be a good supplement to their livelihoods — an amount worth more than a third …

Opinion | Will Govt’s latest scheme of income transfer help resolve agrarian crisis?
5 years, 10 months ago

Opinion | Will Govt’s latest scheme of income transfer help resolve agrarian crisis?

Live Mint  

The data on food price inflation from last month confirms the gravity of the situation with food price inflation remaining negative for more than six months now. While it was loan waivers for the last two years, the latest strategy to assuage the anger of the farmers has been to provide them with cash transfers. The attractiveness of cash transfers …

Scope of PM-Kisan may be wider than perceived
5 years, 10 months ago

Scope of PM-Kisan may be wider than perceived

Live Mint  

The scope of benefits under the newly minted Pradhan Mantri Kisan Samman Nidhi, or PM-Kisan scheme, is much broader than initially believed, government clarifications reveal. Revealing this, Vivek Agrawal, chief executive officer of PM-Kisan scheme, said in an interview that Prime Minister Narendra Modi will release the first tranche of direct income transfer of ₹2,000 from Gorakhpur in Uttar Pradesh …

“What can a farmer achieve with Rs 6,000 a year?”: Rural UP reacts to Centre's income support scheme
5 years, 11 months ago

“What can a farmer achieve with Rs 6,000 a year?”: Rural UP reacts to Centre's income support scheme

Firstpost  

“Sure, the scheme has been announced. They are in any case satisfied with whatever they get,” he reasoned, however added, “But really, what can a farmer achieve with Rs 6,000 a year?” Anil, another farmer in Banda, echoed Chhote Lal’s thoughts, “We could have still adjusted our expenses if we were getting Rs 6,000 every month, but for a year, …

Minimum income schemes for poor: Both Congress and BJP are doing it wrong; freebies won't cure poverty
5 years, 11 months ago

Minimum income schemes for poor: Both Congress and BJP are doing it wrong; freebies won't cure poverty

Firstpost  

The implementation of any basic income or bare minimum economic support is possible only through the informal sector participation Congress Party president Rahul Gandhi proposed a minimum income guarantee to the poor if the party comes to power in the 2019 election. The implementation of any basic income or bare minimum economic support is possible only through the informal sector …

How Nehru led to agrarian distress and what could be the way forward for inclusive growth
5 years, 11 months ago

How Nehru led to agrarian distress and what could be the way forward for inclusive growth

Op India  

Historical backdrop and policy impact: In 1947 when Prime Minister Jawaharlal Nehru took over reins of Independent India, deeply influenced by Marxist-Leninist socialism, he strived to achieve India’s prosperity by creating mammoth public sector enterprises that were engaged in manufacturing steel to running forcibly nationalised airlines. Moreover, other priority areas like primary education, health provisioning, family welfare, and even rural …

Modi government’s much needed focus on India’s farm sector
5 years, 11 months ago

Modi government’s much needed focus on India’s farm sector

Op India  

India’s farm sector has witnessed a systematic decline since the 1991 reforms as its importance in GDP has declined rapidly while its importance as India’s largest employer continued. It is not just provisioning of formal credit that saw the governments concentrated focus as the government through its experience in first two years realized that droughts have a significant and long-term …

Direct income support a fiscal minefield for India
5 years, 11 months ago

Direct income support a fiscal minefield for India

India Today  

India’s politics is obsessed with elections so much that it has put the country’s economy into a danger zone. Instead of persuading states to avoid populist tokenism of offering direct income support, PM Modi has joined the bandwagon of fiscal naïveté. Explicitly panicked by the recent electoral defeats and Congress president Rahul Gandhi’s income support rhetoric, the Modi government has …

Budget 2019: Basic income for farmers to boost rural consumption, higher credit to help agriculture sector, say experts
5 years, 11 months ago

Budget 2019: Basic income for farmers to boost rural consumption, higher credit to help agriculture sector, say experts

Firstpost  

The government decision to allocate Rs 75,000 crore to 12 crore farmers for a minimum assured income of Rs 6,000 per year in the interim budget will boost the rural consumption and positive for agriculture and allied sectors Mumbai: The government decision to allocate Rs 75,000 crore to 12 crore farmers for a minimum assured income of Rs 6,000 per …

₹2,000 may be disbursed to small farmers in early March
5 years, 11 months ago

₹2,000 may be disbursed to small farmers in early March

Live Mint  

The small and marginal farmers with landholdings of 2 hectares or below are likely to get the first dole of ₹2,000 under the Pradhan Mantri Kisan Samman Nidhi scheme in early March. As per the scheme announced by Finance Minister Piyush Goyal in the Interim Budget 2019-20 in Parliament on Friday, farmers with small landholdings will get ₹6,000 per year …

Budget 2019 sops for agrarian sector: Rs 6,000 to small and marginal farmers good move, but needs enhancement
5 years, 11 months ago

Budget 2019 sops for agrarian sector: Rs 6,000 to small and marginal farmers good move, but needs enhancement

Firstpost  

The NDA government’s decision to provide Rs 6,000 per year to each farmer with a land holding of less than 2 hectares is a major boost for the sector that has been witnessing a sharp decline in the numbers of cultivators since 2001. This assured income of Rs 500 per month is vital for small and marginal farmers as only …

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year
5 years, 11 months ago

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year

Live Mint  

In a bid to win back the support of disgruntled farmers ahead of general election due in April-May, the Narendra Modi government on Friday announced an income support scheme for small farmers as a key promise in its final budget. Finance minister Piyush Goyal assured farmer households a direct income transfer of ₹6,000 per year and said the first instalment …

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year
5 years, 11 months ago

Budget 2019: FM cultivates farmers with ₹6,000 in hand every year

Live Mint  

In a bid to win back the support of disgruntled farmers ahead of general election due in April-May, the Narendra Modi government on Friday announced an income support scheme for small farmers as a key promise in its final budget. Finance minister Piyush Goyal assured farmer households a direct income transfer of ₹6,000 per year and said the first instalment …

The case for minimum basic income
5 years, 11 months ago

The case for minimum basic income

The Hindu  

The Modi government will present its last Budget tomorrow. Therefore, it won’t be surprising if the Modi government announces an income support scheme to mitigate rural distress in its interim Budget, in response to Congress President Rahul Gandhi’s promise of providing minimum basic income to the poor, if voted to power. Besides equity, there’s also an urgent need to address …

Opinion | Guaranteed basic income is not a solution to mass poverty
5 years, 11 months ago

Opinion | Guaranteed basic income is not a solution to mass poverty

Live Mint  

The first serious attempt to figure out how to guarantee a minimum standard of living for every Indian was made way back in 1962. They said that families in the top eight income deciles would benefit from accelerating growth, while those in the bottom two deciles would need some form of direct income support to maintain a minimum standard of …

Rahul Gandhi’s promise of minimum income: Yes, India’s poor need assistance to develop skills and earn jobs, but surely not begging bowls
5 years, 11 months ago

Rahul Gandhi’s promise of minimum income: Yes, India’s poor need assistance to develop skills and earn jobs, but surely not begging bowls

Firstpost  

Universal basic income was only an economist’s wishful thinking and till now a theoretical idea that prominently appeared in the 2016-17 economic survey. It also tells us that the dangerous politics of free money is the final answer Indian politicians have found to bring prosperity to a nation that has so far failed to generate enough jobs even for the …

Rahul Gandhi promises Universal Basic Income: No government in India can walk the talk on UBI; here's why
5 years, 11 months ago

Rahul Gandhi promises Universal Basic Income: No government in India can walk the talk on UBI; here's why

Firstpost  

With general elections coming this year and all parties keen to reach out to the poor for their votes, it is but natural that the pitch is being made to giving an income to them directly. If the concept is universal, then it means that everyone is entitled to this income and suppose the World Bank’s new threshold of $1.90 …

India is attempting the biggest universal basic income experiment in history
5 years, 11 months ago

India is attempting the biggest universal basic income experiment in history

Firstpost  

The tiny state of Sikkim could make history very soon for hosting a massive economics experiment in providing each of its 610,000 citizens with a basic income. This will be the largest basic income experiment ever carried out, the Washington Post reported. While some have questioned the choice of cash instead of a food subsidy, others claim that a basic …

Opinion | Universal basic income scheme may not be right for India Story
5 years, 11 months ago

Opinion | Universal basic income scheme may not be right for India Story

Live Mint  

Pending elections always seem to galvanise governments into announcing schemes and accelerating the pace of governance. There have been accelerated discussions of the government launching a universal basic income scheme to overcome hardships caused by economic stagnation. In particular, the Telangana state government’s experiment with a farmers’ cash support scheme, Rythu Bandhu scheme, and how it ensured electoral victory for …

The way forward for India: Targeted Basic Income
6 years ago

The way forward for India: Targeted Basic Income

Op India  

There has been a lot of talk regarding India’s agricultural sector. The choice of this new policy instrument is very clear, it should come under the Direct Benefit Transfer framework in the form of a Targeted Basic Income. Thus, if a targeted basic income scheme is designed, it should cover the poor and not just rural but also the urban …

Farm distress: Govt must restructure subsidy regime, invest more in rural infrastructure and agricultural research
6 years ago

Farm distress: Govt must restructure subsidy regime, invest more in rural infrastructure and agricultural research

Firstpost  

Speeding up overall economic growth will absorb the slack in the agricultural sector and push up farm wages. The bill would have confirmed an ordinance which the state had passed in October that allowed farmers to sell their produce outside the mandis or regulated wholesale markets without paying a mandi cess. A study by ICRIER, a think tank, for OECD, …

Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must
6 years, 1 month ago

Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must

Firstpost  

More attention to agriculture by way of higher investment and positive attitudinal changes, therefore, may actually bring about better economic dividends and put India into a higher development trajectory like other Asian nations. The first reaction of the Bharatiya Janata Party-led Central government after the party’s debacle in the Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan seems to …

India's landless poor: Post-liberalisation era brought in wealth to a stressed economy but did little to end rural poverty
6 years, 3 months ago

India's landless poor: Post-liberalisation era brought in wealth to a stressed economy but did little to end rural poverty

Firstpost  

Land reform was a major policy thrust area in the first three decades after Independence during which zamindari was abolished, a land ceiling was imposed and surplus and wasteland were distributed among the landless. In June 2016, three top economists of the International Monetary Fund — proponent of the neo-liberal economic policy — created a brouhaha among the economists world …

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