-The Hindu Instead of reinventing or restructuring the Planning Commission, we need to replace it with a think tank that supports high-quality independent research The Planning Commission is neither a constitutional nor a statutory body, but over the years it has acquired tremendous power of distant planning which is unsuitable to a country as diverse and complex as India. Let us neither reinvent nor restructure such a body. Let us, instead, make...
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Why this apathy? -Devinder Sharma
-Deccan Herald It is difficult to understand why Indian farmers continue to be ignored. With a meager outlay every year, Indian farmers have been producing a bountiful harvest. If only agriculture was to be injected with the much need economic stimulus package, I am sure the Indian farmers can flood the country with food, fruits and vegetables. India can certainly emerge as one of the biggest exporters of agricultural commodities. In...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »The good is in the detail -S Gurumurthy
-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
More »Messing with a good thing -Pramathesh Ambasta
-The Financial Express MGNREGA must be tweaked in implementation, not design. Before his tragic demise, the Union minister for rural development, Gopinath Munde, gave a clear indication of the new government's priorities on MGNREGA. Both these priorities are vital: using the programme for the creation of productive assets to combat drought and poverty and ensuring timely payment of wages. More than two decades of Liberalisation and high economic growth have left India...
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