-The Times of India NEW DELHI: Inequality in South Asia is much more glaring than what government data shows because standard yardsticks of measuring income don't reveal the true picture, says a World Bank report 'Addressing Inequality in South Asia', released on Tuesday. For instance, the Gini coefficient - the standard measure to gauge income inequality - ranges from 0.28 to 0.40 in this region, suggesting a level of inequality much lower...
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For the farmers
-The Indian Express The Centre is reportedly considering decontrol of urea over a period of three years, at the end of which retail prices would be totally market-determined, with farmers getting a fixed per-bag subsidy to be credited directly to their bank accounts. If this happens, it will probably be the most politically challenging economic reform the Narendra Modi government undertakes. Given the crash in global oil prices, decontrol of diesel...
More »After petrol and diesel, Modi government may deregulate urea -Harish Damodaran
-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...
More »Low Productivity is Bane of Agriculture in India
-The New Indian Express The latest data from the World Bank shows that around 60.3 per cent of India's land area is agricultural. India Brand Equity Foundation, a trust established by the ministry of commerce and industry, confirms this. At 157.35 million hectares, India holds the second largest agricultural land, next only to the US. This should set at rest the fears that have been raised in the aftermath of the...
More »State power sans public reason -Yogendra Yadav
-The Hindu The government's reasoning that the land ordinance was meant to extend the benefit of the new law to various types of land acquisitions left uncovered so far is disingenuous Democracy is an exercise in public reason. Democratically elected governments cannot simply throw around the weight of their majority. They have a responsibility to offer good reasons for their decisions. And they must do so publicly. That is why we follow...
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