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Budget, a mixed bag for farmers -Sukhpal Singh

-The Hindu Business Line While proposals on agri-warehousing and viability-gap funding are positive, MGNREGA cutbacks could have been avoided The Economic Survey had a full chapter on agriculture and food management issues, highlighting the role of agricultural GDP; Minimum Support Price (MSP) regime, mechanisation of agriculture, farm credit, crop insurance, agri research and education, including in allied sectors such as livestock and fisheries, food processing and agricultural trade, besides rationalisation of food...

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Only 7 in 100 anganwadi beneficiaries are in cities -Jagriti Chandra

-The Hindu NITI Aayog’s draft working paper to strengthen the ICDS programme in urban areas For every 100 anganwadi beneficiaries in the country, only seven are in urban areas, according to the government’s response to a Right to Information (RTI) query from The Hindu. This is primarily because of a severe lack of anganwadis in cities, leading to poor coverage of the government’s flagship programme in early childhood development.   Six services Anganwadis or day-care...

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Newly launched India Data Portal could be a credible resource for journalists

-Newslaundry.com It’s a repository of public datasets on Indian agriculture and socioeconomic indicators and, going forward, on financial inclusion and rural development. Data, they say, is the new oil. It undergirds much of the modern economy and, increasingly, the polity. There’s hardly a socioeconomic sector that big data doesn’t drive today, from the cutting edge of scientific research and technology to the mundane chore of buying groceries. The sheer volume of...

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Explained: What ails the credibility of India's Budget numbers -Udit Misra

-The Indian Express Advancing the Union Budget by a month has not helped fiscal marksmanship In the first part of this series on the Union Budget, we explained how the nominal Gross Domestic Product (which is the market value of all goods and services produced within the domestic boundaries of India) is the key number that determines the shape and form of the Union Budget. In short, the nominal GDP for the current...

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With savings rate falling, phasing out exemptions may hit it harder -Udit Misra

-The Indian Express The savings rate, expressed as a percentage of the gross domestic product, reflects the pool of investible funds within the country that are available for the government and private businesses to use for investment purposes. The government’s plan to gradually get rid of all exemptions and deductions under the personal income tax regime — in a bid to provide lower taxes and a simplified tax architecture as well as...

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