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Government eyeing quick fix for farm sector -Nistula Hebbar

-The Hindu Election jolt makes party look at ways to boost rural income; BJP chief commissions survey The defeat in the Assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh has made the government go back to the drawing board over the issue of rural distress, and some measures to bolster incomes in the countryside may be announced by the end of the winter session of Parliament. While the problems plaguing the agriculture sector...

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60 Economists Send Wake-Up Call to Arun Jaitley on Maternal Benefits

-TheWire.in "The central government’s contribution to old-age pensions...has stagnated at just Rs 200 per month since 2006. This is unfair." New Delhi: Sixty economists from across the country have written to finance minister Arun Jaitley, asking him to ensure that social security pensions and maternity benefits get adequate attention in the Union Budget 2019. They argue that they had made a similar “modest” request before the 2018 Budget, but it went unheeded. The...

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Why credibility of India's fiscal math is under strain -Nikita Kwatra

-Livemint.com Unless the convoluted arithmetic behind fiscal deficit gets as much attention as headline fiscal deficit number, creative accounting practices will go on Mumbai: The Narendra Modi-led National Democratic Alliance (NDA) government has been lauded for its ability to rein in the headline fiscal deficit over the past few years, which has arguably helped tame inflation. However, with reverses in key assembly elections earlier this month and Lok Sabha elections to be...

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Open season for farm loan waivers

-The Telegraph In the long term, the only real solution to rural distress is to shift labour to more productive segments of the economy It has turned into an open season for farm loan waivers. Less than a week after assuming office, Congress governments in Rajasthan, Madhya Pradesh and Chhattisgarh have announced the waiver of crop loans up to two lakh rupees per farmer. The Congress president, Rahul Gandhi, has thrown down...

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MGNREGA's information system flawed, misguiding -Debmalya Nandy

-Down to Earth The scheme's Management Information System destroys local accountability, promotes centralisation and administrative control and gives out wrong data There is an increasing tendency in the Union government to show performances of central schemes, especially social welfare programmes, through data captured by the Management Information System (MIS). It is indeed a matter of astonishment how the MIS data always shows high performances of schemes and programmes, while ground surveys and...

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