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What’s cooking? -Richa Mishra and Debabrata Das

-The Hindu Business Line The PMUY scheme, under which the poor get subsidised LPG connection, addresses an urgent need. At the same time, it can turn out to be a political masterstroke for the BJP, write Richa Mishra and Debabrata Das The kitchen has always played an important role in Indian politics. Leaders across political parties have cooked their electoral fortunes with the kitchen as the integral ingredient. While some distributed highly...

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How Well Does India Understand Inflation? -Deepanshu Mohan

-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...

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Government says Rs 21,000 crore saved in LPG subsidy under DBT scheme

-The Times of India NEW DELHI: The government on Wednesday said that close to Rs 21,000 crore was saved in two years by directly transferring subsidy (DBT) to user bank accounts. The savings are largely from the elimination of fake/ghost/duplicate/inactive domestic LPG connections. Over 3.34 crore of these connections were done away with after the implementation of DBT. According to government calculations, 3.34 crore blocked consumers would have used up Rs 14,818.4...

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Govt strikes out 1.6 cr bogus ration cards, to save Rs. 10,000 cr

-PTI New Delhi: The Government has eliminated 1.6 crore duplicate and bogus ration cards that will help save about Rs 10,000 crore in subsidy bill annually, said Finance Secretary Ashok Lavasa. In addition, the Government has saved Rs 14,872 crore by offering subsidy on cooking gas (LPG) directly to consumers and direct benefit transfer is planned to be extended to 150 schemes by the end of this year, he told PTI here. DBT...

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A greater focus on farmer welfare -Purvi Mehta

-Livemint.com There is an emphasis on increasing farm productivity, but this might not always align with greater profitability While inaugurating the Krishi Mela at the Indian Agricultural Research Institute in March, Prime Minister Narendra Modi appealed for a “three-pillared” approach to farming, which included crop farming, agro forestry—that is, planting timber trees along farm peripheries—and animal husbandry. This is an important enunciation of how Indian agriculture works as an integrated system in...

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