-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

-The Hindu Business Line There’s room for more awareness and organisation, but the number of people benefiting from fair price shops is growing Poor people in India depend heavily on the public distribution system. A recent survey by the National Council of Applied Economic Research found that more than 90 per cent ration card-holders in Below Poverty Line (BPL) / Priority Households (PHH) and the Antyodaya Anna Yojna category purchase foodgrain at...

-Hindustan Times Parbhani: It took Pandurang Shinde three trips to the weekly Khandoba cattle bazaar in Parbhani, one of the eight drought-hit districts of Marathwada, to find a buyer for his pair of bullocks. After much heckling, he managed to sell his coveted pair at Rs 50,000, half the price at what the animals had cost him. The weekly cattle bazaar, held on Thursdays, at Parbhani taluka is packed these days, full...

-The Hindu India has a lasting infrastructure of public support that can, in principle, be expanded in drought years to provide relief. But business as usual seems to be the motto Droughts in India used to be times of frantic relief activity. Large-scale public works were organised, often employing more than 1,00,000 workers in a single district. Food distribution was arranged for destitute persons who were unable to work. Arrangements were also...

-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...