-The Deccan Herald The government will not reduce subsidy on food items, fertilisers and development schemes in the current financial year starting April from what was paid in 2013-14, Minister of State for Finance Nirmala Sitharaman said. "The government does not plan to cut Subsidies given in schemes like Mahatma Gandhi National Rural Employment Guarantee Act and National Food Security Act," the minister said in reply to a question in the Rajya...
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Betting the farm on populism-Ajay Vir Jakhar
-The Business Standard The Budget missed the chance to articulate its intentions to the farming community; the prime minister's Independence Day speech provides another invaluable opportunity Young Indians starting their careers in an environment devoid of hope and opportunity and surviving on dole will be inclined to populist politics. But the farming community expects much more substance from the government, and the Budget was a good example of how populism trumped...
More »Food security and Rodrik’s trilemma -Mihir Shah
-The Hindu The government deserves congratulations for its firm stand at the WTO, which finds support in Rodrik's trilemma The Princeton don Dani Rodrik is one of the world's leading economists. He is a firm believer in and supporter of globalisation. However, he has also posed a famous "globalisation trilemma." A trilemma describes a situation where only two of three things can hold true at the same time. If any two out...
More »How many farmers does India really have? -Prachi Salve
-IndiaSpend.com It's a bit of a mystery question. Reason is most data tells you that more than half of India's population lives on or off agriculture. But does it really? The World Trade Organization General Council which met on July 24-25 failed to arrive at a consensus on the Doha Round talks thanks to India's position on agriculture Subsidies. Needless to add, this has once again put the spotlight on...
More »Awaas Yojana set to shed Indira’s name -Subodh Ghildiyal
-The Times of India NEW DELHI: Indira Gandhi's name is set to be removed from the popular rural housing programme that provides Subsidies to the poor to have a house of their own, in a move which will symbolize the regime change. The rural development ministry is looking to turn Indira Awaas Yojana, a scheme, into a "mission" with increased budget and with an important design innovation which mandates toilets to be...
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