-The Hindu * Will this form of chemical-free agriculture increase farmers’ incomes? Where are the pitfalls? The story so far: Finance Minister Nirmala Sitharaman thrust zero Budget farming into the spotlight in the first Budget speech of the 17th Lok Sabha earlier this month, calling for a “back to the basics” approach. She said, “We need to replicate this innovative model through which in a few States, farmers are already being trained...
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A missed opportunity for game-changing reforms in agriculture -Sukhpal Singh
-The Hindu Business Line There are no schemes for much of agriculture, and small ruminants have been ignored. The Economic Survey had a full chapter on agriculture and food management issues. It had a separate section on small ruminants for the first time, and also showed that only one of the ongoing schemes for the livestock sector attends to their concerns. The Budget provides for creating a fund for upgrading of traditional industries...
More »Explaining the Rise in Revenue Deficit Between Modi Govt's Interim and Full Budgets -Aneesha Chitgupi
-TheWire.in While the revenue deficit is estimated to increase in the Union Budget in comparison to the interim one, the fiscal deficit shows a decline thanks to the increase in capital receipts especially through disinvestment. A comparison between the Interim Budget (IB) presented on February 1, 2019, and the full Union Budget (FB) presented before parliament on July for the current fiscal year (2019-20) throws up some intriguing questions. While most commentators have...
More »Why states are demanding more from the 15th Finance Commission - Nikita Kwatra and Pramit Bhattacharya
-Livemint.com Transfers to states are stagnating at a time when developmental demands on state governments are rising Five years ago, when the 14th finance commission recommended an increase in devolution of funds to state governments and a hike in the share of untied funds they received, it was heralded as a new era for fiscal federalism in the country, and one that would significantly empower state governments at a time when they...
More »Migrants aren't streaming into cities, and what this means for urban India -Gregory Randolph and Sahil Gandhi
-Hindustan Times If Indian cities have become successful in turning away migrants, we should see that as the first sign of their demise, not their dynamism. “Stop migration into cities.” These were the words of finance minister Nirmala Sitharaman during last week’s Budget speech, even as she — confusingly — called urbanization an “opportunity rather than a challenge.” A call to stop rural-urban migration should alarm, but not surprise us. The FM’s statement...
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