Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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Farming in Araria, cutting cane in Karnal -Parth MN
-RuralIndiaOnline.org Ramesh Sharma is among lakhs of farmers from Bihar who earn more by working as farm labourers in Haryana than by harvesting the maize they grow at home Ramesh Sharma can’t remember the last time he spent an entire year at home. “I have been doing this for the past 15-20 years,” he says, while cutting sugarcane in a field in Gagsina village in Haryana’s Karnal district. For half of the year...
More »India’s poor were struggling to refill LPG cylinders. Now with record price hike, many have given up -Aarefa Johari
-Scroll.in Modi government’s flagship Ujjwala scheme continues to hand out new gas connections without fixing the problem of unaffordability. At the start of every monsoon, Doli Kumari’s family refills their LPG cooking gas cylinder and uses it for three or four months. As the rains recede in their village of Tarauna Bhojpur in Bihar’s Araria district, the family switches back to burning wood for daily cooking. This monsoon, however, the family plans not...
More »Worrying spike in Global Food prices -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1). Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne...
More »Health first, fiscal prudence later -Abhishek Jain and Karthik Ganesan
-The Hindu The government can balance LPG subsidies and ensure clean fuel consumption in poorer households Subsidised LPG prices have increased by a massive 50% in this financial year alone, consistently capturing headlines. What would be the impact of this in sustaining the gains of the government’s flagship scheme, the Pradhan Mantri Ujjwala Yojana (PMUY)? Since 2016, PMUY has provided LPG connections to 8 million poor households to reduce women’s drudgery and indoor...
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