-Livemint.com The nine-member cotton seed price control committee has recommended a maximum sale price of Rs.800 for a 450g packet of Bollgard II Bt cotton seeds New Delhi: A government panel on genetically modified Bt cotton has recommended a steep reduction in royalty fees payable to technology companies, and lower seed prices. If accepted, the recommendations will benefit nearly 8 million cotton farmers in India, but may raise concerns about how India...
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Unhealthy Budget: Tokenism in the name of catastrophe -Indranil Mukhopadhyay
-The Hindu Business Line The proposed investment in healthcare is inadequate Budget 2015 was catastrophic for health, as investments tanked to a historic low. Against that backdrop, when the Finance Minister talks about measures to tackle catastrophic health events, there’s bound to be some scepticism. And that deepens on hearing the plan for a ₹ 1 lakh insurance to address catastrophes. Yes, impoverishment due to out-of-pocket expenditure on health is a major...
More »Political expediency wins over cooperative federalism -Nitin Sethi & Ishan Bakshi
-Business Standard Cess, surcharges come in handy New Delhi: Looking to leave its political imprint over spending in rural India, the National Democratic Alliance (NDA) government has budgeted for a massive 31 per cent hike in its share of spending on nine big-ticket centrally sponsored schemes (CSS) in 2016-17 over last year's budgetary allocation. Last year's Budget mantra of 'cooperative federalism' has been sidestepped to favour political exigencies. To fund these schemes, which...
More »Ashok Gulati, chair professor for agriculture at ICRIER, interviewed by Jahnavi Sen (The Wire)
-TheWire.in This year’s Union Budget markets itself as a pro-poor and pro-farmer budget. To take a closer and harder look at this, The Wire spoke to Ashok Gulati, chair professor for agriculture at ICRIER. Gulati tells The Wire why this budget is insignificant for reducing farmers’ distress, in spite of all the talk. Edited excerpts from the interview follow: * How much is the actual increase in the total allocation to agriculture...
More »UPA’s flagship MGNREGA receives a fresh lease of life -Harish Damodaran
-The Indian Express ‘Expect 215 crore person-days of employment in 2016-17’ The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA), the flagship welfare programme of the previous UPA dispensation, seems to have received a fresh lease of life. This, barely a year after PM Narendra Modi had called it a “living monument of your (the Congress’s) failure to tackle poverty in 60 years”. Arun Jaitley’s Union budget for 2016-17 has provided a...
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