-Frontline The BJP-led NDA government has, in the two Budgets it has presented so far, revealed itself to be very different from the pro-farmer image that its leading election campaigner and now Prime Minister, Narendra Modi, projected. THE Bharatiya Janata Party's manifesto for the 2014 Lok Sabha election states: "Agriculture is the engine of India's economic growth and the largest employer, and BJP commits highest priority to agriculture growth, increases in...
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Bursting the myths on Indian agriculture -Rakesh Rao
-Business Standard Though Indian agriculture has grown to be second largest globally, there are many myths and misconceptions. So, let's find the truth. Though the government over the past few years has been focusing on enhancing manufacturing sector's share to India's GDP, contribution of agriculture to the GDP continues to be higher than that of the manufacturing. India has in abundant four critical fundamental resources - light, land, water & labour. Contrary...
More »Going back in time -Yoginder K Alagh
-The Indian Express There seems to be emerging a fair consensus across the political spectrum that it is not prudent to tamper with the ongoing process of land market reform that began a decade ago. The earlier "revenue laws" that governed the registration of titles came from a century-old colonial legislation. The imperial government of India kept almost complete control over land title and use - in order to dispense...
More »Rural jobs scheme — good in parts -Nilabja Ghosh
-The Hindu Business Line It provides infrastructure and a social safety net, but are there better ways of delivering both? The MGNREGA has been a subject of controversies from its inception. After much of the public dissension died down, the current government again stirred a hornet's nest by sending out what were perceived to be negative signals on this large public employment scheme. Not only has this raised political questions, it has...
More »The developing story -Sukumar Muralidharan
-The Hindu Business Line Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...
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