-The Business Standard Do not roll back crucial food procurement reform Food Minister Ram Vilas Paswan, in an interview to this newspaper, has said that his ministry has not come to any "firm conclusion" on his directive to states about procurement. The Centre had told states to stop offering a bonus on top of the Centre's minimum support prices (MSPs) for wheat and rice, and to limit their procurement to match the...

-Live Mint Research shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is undercounted Washington: The 1% is literally rich beyond measure, depriving nations of billions in tax revenue and obscuring shifts in global inequality. Research conducted separately by European Central Bank (ECB) economist Philip Vermeulen and the London School of Economics' Gabriel Zucman shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is under-counted. Correcting...

-The Hindu Business Line A new approach to financial inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers financial inclusion as an important thrust area and the Prime Minister is expected...

-The Indian Express A headlong rush into PPPs will only leave a trail of disputes, renegotiations, corruption. The conventional wisdom in India on public-private partnerships (PPPs) is that they help governments raise capital to meet large infrastructure investment targets. But this rationale for promoting PPPs does not stand on strong foundations. There are three potential reasons for supporting PPPs. First, they enable governments to access more capital without visibly breaching fiscal targets. In...

-Economic and Political Weekly   The emphasis on use of digital technologies to bridge the "rural-urban gap" in the union budget is limited to high talk and minimal allocations. The need for a more comprehensive and peoples' participation-oriented rural action plan should have been the focus while setting sectoral allocations, but that is not to be in this mid-year budget. Vipul Mudgal (vipulmudgal@gmail.com) heads the Inclusive Media for Change project at the Centre...