-The Times of India NEW DELHI: Universal Basic Income (UBI) or direct cash Transfer is a powerful idea that mandates serious discussion, the Economic Survey said on Tuesday as it presented scenarios both for and against the scheme — which is aimed at eradicating poverty. It said that a UBI that reduces poverty to 0.5% would cost between 4-5% of GDP, assuming that those in the top 25% income bracket do...
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Why I fear Union Budget 2017 -Yogendra Yadav
-Firstpost.com I fear this budget. I fear that Finance Minister Arun Jaitley might announce an idea that I have liked and advocated: The idea of a Universal Basic Income. I fear it because Jaitley may use this label to justify something quite the opposite. In the process, he might ruin a good idea. Straws in the wind indicate that he might try something to this effect. Demonetisation was part of a grand...
More »Mihir Shah Committee report recommends a paradigm shift in water management
Against the backdrop of drought that affected most states in the past 2 years, it is essential to take a look at a report on improving water governance in the country, which was submitted to the Ministry of Water Resources in July, 2016. That report, which was prepared by the Committee on Restructuring the Central Water Commission (CWC) and Central Ground Water Board (CGWB) under the chairpersonship of Dr. Mihir...
More »Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes
-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...
More »In villages where it flows, SYL canal matters less than jobs -Jagdeep Singh Deep
-The Indian Express The Congress for its part has claimed that it was the one that “saved” Punjab’s water as it had cancelled the SYL agreement with Haryana during its 2002-2007 term in office, when Amarinder Singh was chief minister. Kapoori (Patiala): When Harinder Harry discusss the elections in Punjab, he talks about unemployment, drugs and several other issues, but makes no mention of the one thing that his village is famous...
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