India: Links for 16th December, 2019

  1. “Farmers cultivating perishable crops suffer more in times like these. The harvest is destroyed quickly due to unseasonal rains, and what survives has to be sold off without any delay. like fenugreek, that cost Rs 8, Rs 7 and Rs 13 respectively at Nashik market cost about Rs 30, Rs 15 and Rs 30 respectively at the typical vendor’s stall in Matunga. Cabbage goes up to Rs 70 per kilo from Rs 8 per kilo in a span of 300 km. Eggplant, following a similar trajectory, is pegged at Rs 80 per kilo in Mumbai, while even at Vashi, it is sold at Rs 15 per kilo.”
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    I wish it had been written (and edited) better, but that being said, it is still an interesting, informative read about the supply chain in agriculture.
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  2. “if the Assembly had been elected on the basis of universal suffrage it would not necessarily have “possess[ed] greater wisdom…”. Indeed, “It might easily have been worse…I am quite frank enough to say that this House, such as it is, has probably a greater modicum and quantum of knowledge and information than the future Parliament is likely to have.” Despite being an ardent backer of universal franchise and (limited) reservations, Ambedkar expressed unease throughout the life of the Constituent Assembly about what would happen to the quality of the country’s democratic institutions once all Indians were allowed to participate.”
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    This might be behind a paywall, and if so, my apologies. But even the excerpt above is worth spending some time over. Dr. Ambedkar on the Constitution of India. That is from an essay in the Caravan magazine.
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  3. I find myself unable to excerpt form this article, I am not quite sure why – but the entire thing is worth a read, particularly if you are not familiar with the politics of CAB in the North-East.
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  4. “Much of the decline in the overall LFPR is because of a steep fall in the female LFPR, from 43 per cent in 2004-05 to a pathetic 23 per cent in 2017-18. This compares poorly with female LFPRs (in 2018) of 61 per cent in China, 52 per cent in Indonesia and 36 per cent in Bangladesh. Nor can this precipitous decline in female LFPR be explained away by higher rates of female enrolment in education, since the 20 percentage point drop in LFPR is observed among both the 30+ age group (down from 46 per cent to 27 per cent) and female youth (down from 37 per cent to a heartbreakingly low 16 per cent). The current and future implications for overall female economic and social empowerment are deeply saddening.”
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    Two articles by Shankar Acharya in the Business Standard next. One on the employment crisis in India
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  5. “The chart shows that between 2011 and 2018, India’s goods exports increased by only 8 per cent. In sharp contrast, Vietnam’s exports grew by 154 per cent, Cambodia’s by 114 per cent, Myanmar’s by 82 per cent, Bangladesh’s by 61 per cent, the Philippines’ by 40 per cent, and China’s by 31 per cent. Rapid export growth is all about increasing market share. Between 2011 and 2018, our share of world exports stagnated at 1.7 per cent, while Vietnam’s share more than doubled, Myanmar’s increased by 80 per cent, Bangladesh’s by more than 50 per cent, the Philippines’ by 27 per cent, and even giant China’s by over 20 per cent despite trade wars. China’s share of world exports increased by 2.4 percentage points over the seven years, which is 60 per cent more than India’s total share in 2018!”
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    And the second, in which he debunks the notion that the slowdown in India is because of the slowdown in global trade.