-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
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Harvesting Solar - in fields! -Ashok Gulati, Stuti Manchanda & Rakesh Kacker
-The Indian Express Farmers can install solar panels on their fields that can generate income in addition to regular crop agriculture. Of its several new initiatives, the Narendra Modi government has set out at least two very ambitious targets, which are also quantifiable. One is achieving 100 giga-watts (GW) of solar power generation capacity by the year 2022. The other is doubling farmers’ income — presumably in real terms — also by 2022,...
More »From Plate to Plough: Seize the crisis -Ashok Gulati & Shweta Saini
-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and wholesale price index (WPI) levels in the past...
More »What is behind inter-state differences in inflation? -Tadit Kundu
-Livemint.com Considerable differences persist across states in terms of retail inflation, mostly on account of rural food price rise Mumbai: With consumer price inflation fast emerging as the focal point of monetary policymaking in India, perhaps it is time to delve into the not-so-insignificant differences in inflation across states. To begin with, inflation, both retail and wholesale, has risen in recent months. This has raised concerns about the scope of further interest...
More »CWC staff slam Mihir Shah panel report on water reforms -Amitabh Sinha
-The Indian Express The CWC has sent a strong note to Water Resources Minister Uma Bharati, complaining against the committee’s recommendations. The employees of the Central Water Commission (CWC) have slammed the Mihir Shah panel, calling its recommendations on water reforms “conceptually flawed”, “anti-development” and something that will result in “disaster of unmatched proportions”. The seven-member expert panel, headed by Mihir Shah, former member of the erstwhile Planning Commission, was appointed by the...
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