-The Tribune Assam is tense; internet services have been suspended and security forces on standby with the final draft list of the controversial NRC out. Sanjoy Hazarika, a specialist on the north-east, explains why it is sitting on a powder keg I’M not getting into the numbers game for Assam and the National Register of Citizens (NRC) process which is a draft in progress. The first draft, published last December had 19...
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Modi's Flagship Crop Insurance Scheme Wavering as Farmers Continue to Suffer -Bani Bedi
-TheWire.in In Maharashtra, a mere 7% of total claims have been settled under the Pradhan Mantri Fasal Bima Yojana. New Delhi: In April this year, Beed district in Maharashtra won an award for ‘effective implementation’ of the Pradhan Mantri Fasal Bima Yojana (PMFSBY) – the Centre’s flagship crop insurance scheme for farmers. However, last week it was reported that farmers in Beed were provided compensation amounts of Re 1, Rs 2,...
More »Hollowing out a promise -Jean Dreze
-The Indian Express NREGA is a demand-driven programme and if the demand vanishes because wages are low and uncertain, nothing will be able to save it. The National Rural Employment Guarantee Act (NREGA) is going through a deep crisis of delayed and failed wage payments. The problem is not new, but it is more serious than ever and threatens to undermine the entire programme. The crisis has at least four manifestations: Delayed payments,...
More »Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
More »Farm support prices come with hidden costs -Ashima Goyal
-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...
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