-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...

-TheWire.in Despite knowing the problem, both the state and central governments have failed to address the crisis that UP’s potato farmers are facing. Devi Singh (46) grows potatoes in the rabi season in Saras, a village of 1,200 people in Mathura, part of Uttar Pradesh’s potato belt. In 2017, he suffered massive losses as the price of potatoes in the wholesale market fell well below the cost of production. Last Thursday, he...

-TheWire.in India’s jump in the ‘Doing Business’ rankings turns out to be mostly an “artefact of methodological changes”, according to a report by the Centre for Global Development. New Delhi: The Centre for Global Development (CDG), a US-based think-tank that studies global poverty and inequality, has dismissed India’s spectacular jump on the World Bank’s latest ease of doing business index as misleading, saying it is largely due to changes in the methodology...

-The Indian Express More transparency is needed for Indian society to have an informed debate about rising inequality In a recent study titled ‘Indian income inequality dynamics (1922-2014): From British Raj to Billionaire Raj?’ published on WID.world, we presented new estimates of the distribution of national income in India, from 1922, when the income tax was introduced, up to 2014. In this study, we systematically combine the best available data at hand...

-ThePrint.in Farmers’ bodies and experts say the key to any benefit to farmers lies in how the production cost or the cost of cultivation is calculated. Chandigarh: One of the most significant takeaways from the Union Budget presented by finance minister Arun Jaitley Thursday was the proposed increase the minimum support price (MSP) for all unannounced kharif crops to at least one-and-a-half times the production cost. The announcement is expected to directly impact...