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Strange optimism -Renu Kohli

-The Telegraph The RBI’s inflation analysis goes against the grain The budget for 2022-23 was saluted for its growth push despite the record gap in revenues and expenditures: Rs 15 trillion would be borrowed to fill these. This, however, did not hold back the stock market from touching the sky, nor commentary greeting the raised capex to draw in private investments, create jobs, and support demand. Days later, the euphoria subsided as...

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The Ailing PM Fasal Bima Yojana Needs a Structural Redesign -Baikunth Roy and Satyendra Kumar

-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of crop insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private investment, low monthly incomes, a high proportion of...

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How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg

-TheWire.in What you lose on the wings, you gain on the roundabouts.  With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government’s growth strategy in Budget 2022. Stressing that “the virtuous cycle of investment requires public investment to crowd-in private investment” she took high moral ground to say that the “public investment must continue to take the lead and...

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Andhra Pradesh extends support to SC women farmers for natural farming push -Shagun

-Down to Earth The government will use its extensive network of women’s self-help groups to encourage the transition. The Andhra Pradesh government announced financial support to more than 70,000 women from scheduled castes (SC) to promote natural farming among marginal farmers. Natural farming excludes the application of chemicals and promotes traditional agricultural practices. It is regarded as particularly useful for smallholder farmers as it reduces dependency on purchased inputs.   A one-time subsidy of...

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Amit Shah reaches out to Jat leaders from U.P. -Nistula Hebbar

-The Hindu RLD chief Jayant has chosen the wrong house, he says and hints that BJP is open to post-poll alliance.  The BJP on Wednesday launched its big outreach programme to the Jat community of western Uttar Pradesh with Union Home Minister Amit Shah promising to “keep in mind” demands from the community for timely payment of sugar cane dues and reservation in jobs, but more importantly, keeping a door open for...

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