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Why privatising public assets is poor economics, impetus to greater wealth inequality -Prabhat Patnaik

-The Indian Express The only difference between a fiscal deficit and selling public assets lies in the nature of the government paper that is handed to the private sector, but the macroeconomic consequences of a fiscal deficit on the economy are no different from those of selling public assets. The government has adduced no reasons for the proposed privatisation of several public sector assets other than to generate resources for its spending....

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Where is the staff to serve in rural areas and implement schemes?

Huge sums of money are allocated for the rural and agrarian sectors by the Union Government in its annual budget every year, and rightly so. But in the absence of an adequate number of officials in rural areas, can the various schemes and programmes of the government be implemented properly? We will find the answer if we think about this issue deeply and the answer that would emerge should bother...

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States cannot be left to the Centre’s mercy -Praveen Chakravarthy

-The Hindu Not only are the States not paid what is due to them, they have also lost the powers to raise their own sales tax revenues Karur MP S Jothimani recently conducted a telephonic survey of 30 lakh people in Tamil Nadu on the re-opening of liquor shops in the State during lockdown 3.0. An overwhelming 89% were opposed to the move. The Maharashtra government too decided to permit liquor shops to...

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Modi asks states to alter mandi rules for direct delivery to reduce crowd -Sanjeeb Mukherjee

-Business Standard Agriculture is a state subject and the Central government has limited powers to ensure implementation of the guidelines Prime Minister Narendra Modi on Saturday called upon state governments to quickly make necessary changes to rules governing their mandis so that direct marketing of farm produce can be done without Crowding the markets. Addressing the chief ministers during a four-hour long meeting to discuss the modalities for extending the lockdown, Modi said...

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Covid-19 lockdown: Vegetable, grain mandis coming back on track gradually

-Business Standard Most mandis are arranging for the safety of their workers, including load-bearers. Arrivals and supplies are being regulated to maintain flow and avoid Crowding Agricultural mandis in many parts of the country have started going operational a week after the nationwide lockdown was implemented, but the process is gradual and disruption persists in some centres. Most mandis are arranging for the safety of their workers, including mathadis (Load-bearers). Arrivals and...

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