-The Financial Express Turning agriculture around should be the top priority of government in the new year. India became the world’s fastest-growing economy in 2015. Indian agriculture, however, fared much worse. Agriculture grew only by 0.2% in FY15. Two consecutive years of drought, unseasonal rains in rabi season and falling food prices in global markets have driven farmers to desperation. Turning agriculture around should be the top priority of government in the...
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Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »There’s a fog over net neutrality -Rohit Prasad & V Sridhar
-The Hindu We need to apply a new credo, digital dynamism, that recognises the complex web that is the internet today An unseasonably warm new year has been substituted by a densely spewing fog over the concept of net neutrality. Net neutrality is a specific approach to the economic regulation of the internet. It is based on the premise of the ‘end to end design principle’, in which traffic on the internet is...
More »Farm policy needs to change with the times -Nilabja Ghosh
-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and food price inflation. This can prove costly to the economy, reminiscent of the...
More »Don’t tamper with patent laws -A Srinivas
-The Hindu Business Line India is being too accommodating of MNCs The Centre is needlessly apologetic about our IPR laws. It set up an IPR ‘think tank’ in October 2014, perhaps responding to a view that our IPRs are not strong enough to invite foreign investment. Last January, Prime Minister Modi and President Obama issued a joint statement which “committed to establish an annual high-level Intellectual Property Working Group”. In November, Modi...
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