-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,...
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CAG differs with Oil Ministry on calculation of estimated LPG subsidy savings -Tito Das
-The Hindu Business Line New Delhi: The Comptroller and Auditor General of India has found the estimated savings on account of Direct Benefit Transfer of LPG in 2015-16 to be lower than that of the Ministry of Petroleum and Natural Gas, primarily because of the differences in assumption of key variables. In a report titled ‘Implementation of PAHAL (DBTL) Scheme’ tabled in the Lok Sabha on Friday, the CAG found that the...
More »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...
More »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...
More »Nutrient prices: Non-starter of a cut -Harish Damodaran
-The Indian Express Fertiliser makers rule out reduction in DAP rates, despite exhortations from Centre. Union Chemicals and fertilisers minister Ananth Kumar has stated that companies have “agreed” to slash maximum retail prices of non-urea fertilisers like DAP (di-ammonium phosphate) and MOP (muriate of potash) by Rs 2,500 to Rs 5,000 per tonne, even as plantings for the ongoing kharif season have picked up on the back of a good monsoon. But it...
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