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To bridge the urban-rural divide, India should accelerate economy’s structural transformation -Kalaiyarasan A

-Scroll.in The demand for equitable access to quality education and healthcare should complement agriculture reforms in the country. It has been more than six months since the Samyukt Kisan Morcha – the umbrella organisation representing protesting Indian farmers – ended its 15-month-long agitation at Delhi’s borders against the three farm laws. Some of their demands were met, while their demand for a Minimum Support Price guarantee remains unfulfilled. These developments do little to...

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How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg

-TheWire.in What you lose on the wings, you gain on the roundabouts.  With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government’s growth strategy in Budget 2022. Stressing that “the virtuous cycle of investment requires public investment to crowd-in private investment” she took high moral ground to say that the “public investment must continue to take the lead and...

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India’s economy and the challenge of informality -R Nagaraj and Radhicka Kapoor

-The Hindu Policy efforts to formalise the economy will have limited results as the bulk of informal units are petty producers Since 2016, the Government has made several efforts to formalise the economy. Currency demonetisation, introduction of the Goods and Services Tax (GST), digitalisation of financial transactions and enrolment of informal sector workers on numerous government Internet portals are all meant to encourage the formalisation of the economy. But why the impetus...

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What the Budget can do to support farming, in five charts -Arjun Srinivas

-Livemint.com/ HowIndiaLives.com Even as it presses for Market Reforms in agriculture, the Centre has been actively using the basket of schemes wholly funded by it to widen the social security net for farmers. Expect that to continue in the coming Budget In 2016, the BJP-led government set itself the target to double farmers’ incomes by 2022. An inter-ministerial committee set up to recommend strategies to meet this target highlighted seven sources of...

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Reforms should make farming sustainable -Devinder Sharma

-The Tribune In India, there is a concerted campaign to discredit the arhtiya, building the case for bringing in agri-business companies. There is certainly a need to regulate the middlemen, but the American experience shows how the consolidation of the meat industry, leading to market concentration in the hands of a few companies, is making it difficult for livestock farmers to survive. WHILE Indian policy makers and economists haven’t drawn any lessons...

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