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The opaque 1% -Lucas Chancel & Thomas Piketty

-The Indian Express More transparency is needed for Indian society to have an informed debate about rising inequality In a recent study titled ‘Indian income inequality dynamics (1922-2014): From British Raj to Billionaire Raj?’ published on WID.world, we presented new estimates of the distribution of national income in India, from 1922, when the income tax was introduced, up to 2014. In this study, we systematically combine the best available data at hand...

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Farmer Sutra: Jaitley focuses on the rural sector

-The Hindu In a pre-election Budget, Finance Minister Arun Jaitley serves up a mix of populism and prudence With a clear eye on the Lok Sabha election, Union Finance Minister Arun Jaitley pulled out all the stops in the Narendra Modi government’s last full Budget to promise a better deal for farmers, boost the rural economy and make the poor less vulnerable to health exigencies. Responding to the distress in the agriculture sector...

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Education ups attendance of MPs, criminal history lowers it -Neelanjan Sircar

-Hindustan Times An analysis of parliamentarians’ attendance suggests a correlation between their regularity and the troika of moveable wealth, education, and criminality. Showing up to work is the least we can expect from our Members of Parliament (MPs). Yet, very few MPs do this with regularity — only 20% of standard (non-minister) MPs that served a full term in Lok Sabha between 2009 and 2014 attended Parliament at least 90% of the...

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Centre readies Rs 6,000-crore plan to recharge groundwater -Moushumi Das Gupta

-Hindustan Times The Atal Bhujal Yojana will be launched in Gujarat, Maharashtra, Haryana, Karnataka, Rajasthan, Uttar Pradesh and Madhya Pradesh The government has finalised the contours of a Rs 6,000-crore scheme to tackle the country’s depleting groundwater level, almost a year-and-a-half after finance minister Arun Jaitley announced the plan in the Union Budget. Called the Atal Bhujal Yojana (ABY) and piloted by the Union water resources ministry, the scheme now needs the cabinet’s...

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Farmers and fertiliser spend: How to make nutrient-based subsidy a success -Anuj Agarwal

-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...

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