-Outlook In a pulses-importing country, a bumper crop brings little cheer to those who cultivate pulses. Here’s why In India, a bumper crop is not always an occasion to celebrate, as farmers have often found to their cost whether it is potato, onion or grapes. Pulses, which have always been far short of domestic needs, are facing a similar fate this year, with mandi prices in many parts of the country far...
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SY Quraishi, former Chief Election Commissioner, interviewed by Vrinda Gopinath (Scroll.in)
-Scroll.in In this environment of majoritarianism, we must seriously consider proportional representation, adds SY Quraishi. SY Quraishi, who was Chief Election Commissioner from July 2011 to June 2012, is known to be outspoken about several issues regarding electoral reform both when he was in the Election Commission and after he retired. He has asked for public funding of political parties, putting an expenditure cap on them, financial transparency among parties, and...
More »Agriculture: Here's why farmers are in trouble despite high pulse procurement
-The Financial Express Given the likely 22 million tonne production of pulses this year, up more than a third compared to last year, it is not surprising prices have crashed. In the case of tur, for instance, retail prices are down from R118 per kg in Delhi on October 1, 2016 to R89 on March 1. As a result of the surge in pulses inflation last year, rabi sowing increased by...
More »MSPs should have an expiry date, but job is tough: Arvind Subramanian
-PTI New Delhi: Chief Economic Advisor (CEA) Arvind Subramanian today took the line that the minimum support price on foodgrains for farmers should not continue forever and there should be an "expiry date". "Minimum support price (MSP) originally came into being because we had a big problem of lack of self-sufficiency in foodgrain production. It (MSP) was used as means of providing incentives to farmers. It has been successful. We no longer...
More »The Tale And Maths Of Universal Basic Income -Jean Dreze
-NDTV The rock-star days are back for Chief Economic Advisor Arvind Subramanian, who had maintained a studied silence ever since India scored an economic self-goal over his head on 8 November 2016. His ambitious Economic Survey, released on Tuesday, includes a much-awaited presentation of the Finance Ministry's thinking on Universal Basic Income (UBI). Contrary to some media reports, the Survey does not advocate a specific plan for UBI in India. Rather,...
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