The current protests are, by contrast, not confined to any particular community or sector. Their universality derives precisely from the fact that the economy is today faced with a general growth slowdown sparing no sector or industry.
Contrast this to the period since 2010 before this government assumed office, which saw the MRP of full-cream milk in the Delhi-NCR market going up by Rs 18 per litre, while amounting to Rs 14 for toned milk.
The daily wage rate in rural India for male workers across 25 occupations (12 agricultural and 13 non-agricultural) averaged Rs 331.29 during September, as per field data compiled by the Labour Bureau.
Govt plans to change existing law to ensure availability of quality seeds to farmers. How will the proposed Bill to replace The Seeds Act, 1966 meet its objective of ‘regulating quality of seeds for sale, import, export’?
Unlike all the earlier downturns whose precursors/triggers were supply-side constraints in food and forex, macroeconomic imprudence or external shocks, what we are now experiencing is more of a ‘Western-style’ slowdown exacerbated by internal policy misadventures.