-The Times of India NEW DELHI: Prime Minister NarendraModi on Friday vowed to push through change at a fast pace but said subsidies should be continued to protect the interests of the poor. Addressing the Economic Times Global Business Summit, the PM struck an optimistic note to say, "The New Age India has begun its transition, from a winter of subdued achievement lasting three to five years, to a new spring that...
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Into the abyss? -Jitendra
-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...
More »The next farm downtrend -Harish Damodaran
-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...
More »Arvind Panagariya’s plan for NITI Aayog: Focus on labour reforms, SMEs -P Vaidyanathan Iyer
-The Indian Express For Arvind Panagariya, the first Vice-Chairman of NITI Aayog, policy-making, rather than planning, will be his top priority. In his first interaction with officers of the erstwhile Planning Commission, he spoke at length on the need to push through labour reforms and strengthen the SME (small and medium enterprise) segment - the backbone of manufacturing - to take India up several notches in the competition ladder. On Tuesday, his...
More »Five coal blocks in Chhattisgarh might see land conflict -Nitin Sethi
-Business Standard Since it came to power in May 2014, the NDA government has been working to do away with the need for such consent from tribal village councils Five coal blocks up for allocation and auction in the first phase could get stuck in a land conflict. A total of 20 tribal village councils in the Hasdeo-Arand and Dharamjaigarh forest areas of Chhattisgarh have passed formal resolutions under the Forest Rights...
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