Tag: Economy

August 8, 2017 /

In the past few months, the “Not In My Name” protests, PM Narendra Modi’s (hollow) call to stop lynching and several other appeals to morality have curbed neither the climate of hatred nor the trend of lynching.
Do we then need to make an economic argument against lynching?

June 28, 2017 /

No one wants to give serious thoughts to creating a Meghalaya which is self-sustainable and economically independent. Forget the pre-election rhetoric, the policies do not reflect it. To actually initiate such a task would require work, will power and actual thinking. A Meghalaya that stands on its own two feet is a Meghalaya where the citizens stand on their own two feet, and that my friends, is dangerous for the dominant power structure.

April 11, 2017 /

Government assistance/intervention, from farm to store shelf, is crucial for the success of a product in our current predicament. Many local (agro-based) businesses which I have observed flounder after a while because they simply cannot survive the intense rigours of the competitive marketplace. It is nonsense to say that only the fittest products/brands shall survive because the winners of such competition are always backed up either by cash accumulated over many years or concessions made by governments themselves.

November 17, 2016 /

Demonetisation has placed disproportionate stress on exactly those who are least likely to be source of the problems the move aims to tackle. The ones least likely to hold black money, be involved in financing terrorists or printing fake currency are the hardest hit. Being part of an entirely cash-based economy, the poor are finding the hand-to-mouth cycle abruptly broken. A few hours spent in a bank’s queue may be a minor inconvenience and a patriotic service to the nation to the relatively well-off; to the construction worker, it amounts to a meal unearned, foregone.

August 31, 2016 /

Let’s face it – in an age of rapid automation, full employment on a global scale is a pipe dream anyhow. It’s time we think of ways to facilitate reliable livelihoods in the absence of formal employment. Not only will this assist us toward necessary de-growth, it will also allow people to escape exploitative labour arrangements and incentivise employers to improve working conditions