-The Hindu Budget making is a complex exercise, especially in a country like India. Therefore, the parameters to judge the annual budget are also many. For me, the arithmetic of the budget is the first. According to the statements made by the Prime Minister and the Finance Minister, one expected the fiscal deficit targets to be adhered to. However the Finance Minister has extended it from two to three years....

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

-The Huffington Post Going by the number of farmers, Indian agriculture is the nation's largest private enterprise. And also the only one lacking free markets. So it is hardly surprising that half of India's population, since it depends on agriculture, contributes only 15% of the country's income. The shocking waste of entrepreneurial energy, time and resources of 263 million farmers and laborers has kept rural families in poverty, accelerated urban migration...

Following the recommendations of the Shanta Kumar Committee report on restructuring of the Food Corporation of India (FCI), there are signs that the Central Government is in a hurry to replace the Public Distribution System (PDS) with cash transfers. The Government's intention has been revealed in two official letters (one dated 10 February 2015 and another dated 11 February 2015) that were sent from the Joint Secretary at Department of...

-The Hindu Business Line Radha Mohan Singh, the Union Agriculture Minister, lent vocal support to genetically modified (GM) crops on Friday stating that technologically enhanced seeds could help India realise its food security ambition and believed it held great promise in minimising productivity losses particularly on account of abiotic stress factors like floods and drought. "While agriculture feeds the nation, seeds feed agriculture... Bt Cotton in Gujarat, Maharashtra, Andhra Pradesh, Karnataka and...