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The food economy: A Catch-22 for policymakers

-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...

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EPFO data government cited to show job surge is now down -Aanchal Magazine

-The Indian Express EPFO manages social security funds of workers in the organised/semi-organised sector in the country. EPF is applicable to establishments with more than 20 workers. New Delhi: The Employees’ Provident Fund Organisation’s (EPFO’s) enrolment numbers, which formed the basis for an ‘independent’ study released earlier this year that the government cited as an indicator of buoyancy in formal job creation in the economy, has now been sharply whittled down for...

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Arvind Subramanian, ex-Chief Economic Advisor (CEA), interviewed by Prashant Jha

-Hindustan Times Subramanian says due to less suitable global economic scene, reaching double-digit growth will need more hard work The announcement that Arvind Subramanian, India’s Chief Economic Advisor (CEA), is quitting for personal reasons to return to the United States has generated considerable attention. The CEA spoke to Prashant Jha about his time in government and the state of the economy: * As you look back, what are the key highlights and the...

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The Great Transparency 'Jumla'

-Newsclick.in Electoral bonds are neither 'transparent' nor 'anonymous'. In the latest revelation, file notings of the Election Commission of India (ECI) have showed that it had decided against uploading a letter – which talked about its reservations regarding the Finance Act, 2017 and introduction of the electoral bonds – on their website. The notings have been disclosed through a response to an application under the Right to Information Act (RTI) filed by...

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Farm subsidies: the coming fight at the WTO

-Livemint.com India needs to defend policies that make agriculture remunerative and stand by its poor at this stage of development In an attempt to combat rural distress, the Union budget announced this year by finance minister Arun Jaitley promised a new deal to farmers—minimum support prices (MSP) that would be 150% of the cost of production. The government is expected to announce the first set of support prices under the new policy in...

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