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Oxford's Joshi proposes basic income for all -Ishan Bakshi

-Business Standard This policy involves providing products and services such as electricity and fertilisers at below-market prices New Delhi: While much of public discourse in India has tended to focus on expanding the current subsidy regime to help the poor, Vijay Joshi, economist at Oxford University, advocates shifting to a universal basic income, replacing all government subsidies with a single cash transfer to all citizens, providing them with a basic income guarantee. At...

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When life gives you tomatoes -Rahi Gaikwad

-The Hindu With crops hit by drought and the TO-1057 seed, our reporter visits Narayangaon, among the country’s largest tomato growing regions, and finds farmers struggling to cope with the failed harvest but still faithful to the fruit Last week, the grey rain clouds over the Sahyadris seemed full of promise. A few light showers, and colour was slowly returning to parched leaves and the dry earth was beginning to yield again....

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From plate to plough: Catching the Sun -Ashok Gulati & Stuti Manchanda

-The Indian Express Political will and public participation will need to come together for India to become a leader in solar power on a global scale Prime Minister Narendra Modi is making major strides in energising India through solar power. During the UN conference on climate change held in Paris in 2015, PM Modi and the French President Francois Hollande launched the International Solar Alliance, to be headquartered in India. The...

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Subsidies to farmers help agriculture? Perhaps not

-The Financial Express Rising dole hits both investment and productivity With around Rs 175,000-180,000 crore of annual expenditure on agriculture subsidies, the government probably feels it is doing a lot for the farmers and, come election time, will probably boast about it to get the rural vote. Yet, as an Icrier analysis at its ‘Supporting Indian farms the smart way’ workshop shows, not only is the rising subsidy not helping agriculture as...

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Forty coal importers under the DRI scanner for over-invoicing

-The Hindu Business Line Firms of Adani, Anil Ambani, Essar, JSW Groups and some PSUs being probed NEW DELHI: The Finance Ministry and the Directorate of Revenue Intelligence (DRI) are said to have stepped up investigations into the alleged over-invoicing of coal imports by 40 companies — both in the public and private sector — to the tune of Rs. 35,000 crore. “It is an issue that has been going on for the...

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