Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »Delhi: All graft cases to go to new court complex -Abhinav Garg
-The Times of India NEW DELHI: For the very first time, Delhi will get a single court complex where all corruption-related cases pending in various city courts will be tried. The move is likely to put anti-graft trials on a fast-track and free up existing courtrooms for other cases. After a long wait, Delhi high court decided to kick-start the capital’s newest court complex on from April 9 by shifting all Prevention...
More »Prioritising housing needs of slum-dwellers is not only a moral imperative but now a legal one -Eklavya Vasudev
-The Indian Express Government agencies and courts can no longer give precedence to one kind of public interest (that of middle and upper classes) over another kind of public interest (that of the slum residents). On March 18, the Delhi High Court held that slum dwellers are not secondary citizens but citizens with equal rights. Authorities can evict slum dwellers only when their occupation of the land is illegal. Any unannounced...
More »Everybody loves a farmer -Vijoo Krishnan
-Frontline.in The cash transfer schemes the Narendra Modi government and several State governments have announced to woo the peasantry ahead of the election, like the loan waivers, short-change farmers because they avoid the vital issue of remunerative prices for farm produce. In a sudden flurry of new-found concern for the long-suffering Indian peasant, parties across the political spectrum are desperately trying to woo this section of society. In fact, ever since...
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