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Strengthening the MSP System -MS Sriram

-Newsclick.in The MSP system has long been the central topic of discussion in agricultural reforms. The MSP system has long been the central topic of discussion in agricultural reforms. Demystifying its pros and cons, PROF M S SRIRAM writes on what we can learn and do to make MSP an effective mechanism that empowers farmers. ARGUMENTS against a statutory minimum support price (MSP) have hovered around the following lines: The MSP benefits only a...

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Farmers’ agitation will impact global trade -Devinder Sharma

-The Tribune Instead of leaving the farmers to face the vagaries of markets, which have pushed them globally into a debt trap, the demand for ensuring that no trading takes place below the MSP not only provides farmers with a Safety Net but it will also gradually become an economic design for the rest of the world to emulate. Across the globe, farmers are suffering the consequences of keeping farm-gate prices...

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The post-Covid priority: Budget needs to ramp up spending on health and education -S Mahendra Dev

-The Indian Express Budget needs to ramp up spending on health and education. Pandemic has enhanced inequalities, shown up absence of Safety Nets. India is committed to achieving the Sustainable Development Goals (SDGs) by 2030, and social sector development is important in reaching them. Progress in this sector has intrinsic (for its own sake) and instrumental (for higher growth) value. It is needed even to build a $5 trillion economy faster. Inequalities...

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A Death Warrant Against Farmers -Bhabani Shankar Nayak

-TheCitizen.in 90% rise in Indian billionaires’ wealth There has been a 90% rise in Indian billionaires’ wealth over past decade. It is not accidental. The BJP led government reduced corporate income tax from 30 to 22 percent starting from the financial year 2019/20. New corporates established in India after October 2019 will only pay 15 percent. It has also provided many other opportunities, incentives and foregoing exemptions to corporations. Meanwhile the Union government...

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New Welfarism of Modi govt represents distinctive approach to redistribution and inclusion -Abhishek Anand , Vikas Dimble and Arvind Subramanian

-The Indian Express Traditional redistribution, which aims to deliver on intangibles like health and education, has ceded to a distinctive ‘New Welfarism’, where Centre is demonstrably providing tangible essentials to citizens The recently released fifth round of the National Family Health Survey (NFHS-5) provides reliable and independent evidence to assess micro-development performance under this government. The survey covers many dimensions of health, nutrition, and the overall quality of lives. Here we focus...

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