Friday 22 July 2016

Dhruv Mankad has described the major deficit in Indian Liberalization:

Congratulations on a very precise description of rural economy!!

Commenting on my Facebook post on Niranjan Rajadhyaksha's article in Livemint, Dhruv Mankad has humbly described the major deficit in Indian Liberalization in few words:



An excellent article...only missing points are (both in the article and in the reforms): 1. Creating capital inflow into agriculture as an industry was not taken care of even under the reform except in a few pockets but not as a policy 2. Creating a systematic Human capital outflow into urban - industry out of rural agriculture. China policymakers made serious efforts of linking FDI and taking human capital base further. Also, continued with absorbing surplus labor in urban and backyard industry. It also probably failed in agriculture industry keeping pace of food production with all the other commodities. This is my lay person's economic analysis. 

Thursday 14 July 2016

कुणाच्या खांदयावर कुणाचे ओझे




Today, after almost 7 decades of independence, the existing policy dynamics has taken a toll on rural India. The villages take a backseat in almost every aspect of socio-economic analysis. We have created an economy of rich cities and poor villages, surging urban areas and decaying rural areas.

1. India (68%) continues to live in villages.
2. The GDP Composition over time has reduced considerably.
3. Rural Livelihood & Employment is scary.
4. Nearly 26% of rural India is poor, compared to a meager 13.7% in urban areas.
5. Rural literacy rate and school attendance: much lower than the urban (more so for Women, SCs and STs).
6. Health Indicators – The same story continues: infant mortality, anemia:, and a long list of indicators.
7. Access to basic services: Rural India always takes a backseat.


(Writer: Athreya Mukunthan is an economist by training and works in the Public Policy Research Group at the Public Affairs Centre Bangalore. He has written a comprehensive article comparing urban and rural development in India. His findings are listed here.)




CSLRA has blogged on his article on FACTLY:

http://cslra.in/blog/2015/12/07/rural-india-is-far-behind/

The original article is also available at:

https://factly.in/rural-india-behind-urban-india-in-progre…/