The Budget season is in full swing and allocations for various sectors being hotly debated upon both by policy makers and the public at large. What is important to remind ourselves, is that where this will lead this country of over one billion, facing challenges of balancing economic growth with social justice and equity. Food Security has moved from an issue of the poor and hungry and those who advocate their cause...

Plans to set up 150 farmer-producer organisations in 11 states. The government is planning to provide market linkages for farmers growing pulses as part of a programme announced in the Budget to improve their production, as scarcity of this essential item was one of the major contributors to food inflation a few years back. “The share of pulses growers in the consumer price is very low on account of a lack of...

By all indications, FDI in multi-brand retail is a fait accompli. Or so we have been told time and again by everyone, the PM downward. The “question is at what point of time it should be done”. This remark from Pranab Mukherjee in a post-budget TV interview may have revealed that the debate has moved beyond whether to permit FDI in multi-brand retailing—the lifeline of small- and medium-sized neighbourhood stores....

Governments rarely shy away from showering farm sops but Karnataka’s BJP government hopes to reap gains with a debatable claim: that its policies have helped reduce farmer suicides. State agriculture minister Umesh Katti recently reeled off in the Assembly suicide figures (see chart) that show a declining trend since 2008-09, when the B.S. Yeddyurappa cabinet took power. The assertion that the slide is because of the government’s efforts follows an agriculture...

Is price rise going to be a permanent fixture because of India's high growth rate? This appears to be the argument put forward by the government's top economic advisers in the recently issued Economic Survey. It argues that historical experience shows that consumer prices increase faster in countries going through a fast growth phase compared to those with slower growth rates. But analysing inflation and growth data collected by the International...