-The Telegraph New Delhi: The Demonetisation Demon will gouge India's economic growth in 2016-17 by at least half a percentage point, chief economic adviser Arvind Subramanian told reporters after presenting the Economic Survey a day before the budget. Subramanian, who was voicing his views for the first time on the deeply polarising subject of demonetisation, rejected the dire prophecies of other Oracles, including his former employer, the International Monetary Fund, that projected...

-The Hindu The welfare challenge lies in providing assistance to needy households to ensure adequate diets without creating conditions in which they opt for inferior diets that are too heavy on cereals With the Kerala government’s decision to implement the National Food SECurity Act (NFSA) from April, the whole country will be covered by the legislation. However, if we expect the NFSA to improve India’s malnutrition statistics, we may well be disappointed....

-The Hindu The interaction between people and land is as old as human evolution. When early hunter-gatherers started to settle down in the Neolithic transition and practise agriculture, they began to change their relationship with land in a major way. Starting with the Holocene, approximately 11,500 years ago, many plants were domesticated for agriculture. These and the associated social and technological changes led to dense human settlements that then paved the...

-Business Standard The organisations demanded higher budgetary allocation for irrigation Some farmers’ organisations have demanded the Centre announce an income guarantee law for them to ensure a minimum income when crops fail and also when prices crash due to a bumper harvest. To be called the Remunerative and Universal Price Yield Assurance (RUPYA) Act, the legislation would guarantee a price deficiency payment in the event of a price crash, a market intervention scheme...

-The Times of India NEW DELHI: Universal Basic Income (UBI) or direct cash transfer is a powerful idea that mandates serious discussion, the Economic Survey said on Tuesday as it presented scenarios both for and against the scheme — which is aimed at eradicating poverty. It said that a UBI that reduces poverty to 0.5% would cost between 4-5% of GDP, assuming that those in the top 25% income bracket do...