-The Hindu The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. While the annual gain in wholesale prices hit a 23-month high of 3.55 per cent in July, retail inflation quickened past the Centre’s new Monetary Policy Framework’s upper limit for tolerance to 6.07 per cent. Food costs — a key component in both indices — were the main culprit....
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Farm Policy: The political economy of why reforms elude agriculture -Pravesh Sharma
-The Indian Express India should learn from China and start with liberalisation of rural land, labour and capital markets before attempting bigger things. Independence Day has come and gone with its usual mix of celebrations, pride and ruminations on how things could be better. Interestingly, several media commentaries tagged the event with the 25th anniversary of economic reforms, launched in 1991 around the same time of the year. They largely dwelt on the theme...
More »From plate to plough: Seeds of change - Shweta Saini & Ashok Gulati
-The Indian Express On Independence Day, we salute our freedom fighters. We also remember Lal Bahadur Shastri who gave us the slogan, jai jawan, jai kisan. PM Modi needs to move from slogans to action to transform agriculture. Atal Bihari Vajpayee expanded the slogan to jai jawan, jai kisan, jai vigyan. The present government has an array of slogans for the farmers. Prime Minister Modi has coined so many — swacchh bharat,...
More »INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...
Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...
More »Centre owes Rs. 80,000 crore to States, says CAG report
-The Hindu The finding has the potential to significantly impact the finances of most States The Centre owes the States over Rs. 80,000 crore from its net proceeds of the period between 1996 and 2015, according to a Comptroller and Auditor General (CAG) report tabled in Parliament on Friday. The revelation has the potential to significantly impact the finances of most States, because most of them could end up getting a few thousand...
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