-The Hindu The answer lies in the fragile state of the Centre’s finances, and its control over interest, pension and subsidy expenses To any layman watching India’s annual Budget jamboree, the entire exercise must seem very puzzling. After the Finance Minister has read out a long list of giveaways to farmers, small businesses, low-income earners and senior citizens in his speech, none of the beneficiaries seems entirely happy with their gifts. Commentators, after...

-Down to Earth Income inequality makes agrarian crisis challenging; inequality is worse among farmers than the formal economy Economists Lucas Chancel and Thomas Piketty recently concluded after a long study that inequality is at its peak in India. It is embedded in popular conscience: “Top 1 per cent of earners captured 22 per cent of total income in the country.” Their study–covering consumption, government accounts and income tax data from 1922...

-Frontline.in The farce being played out in the name of Aadhaar has led to several deaths because it denies the poor their right to food and therefore life. THERE is no doubt that human life is cheap in India, perhaps more so now than ever before. The attacks, atrocities and killings of people from the minority communities and marginalised groups, which have now become so common, are particularly appalling because they reflect...

-The Hindu Business Line This brings higher returns; govt must spend more on R&D, roads: ICRIER paper New Delhi: Spending on agricultural research and development, including extension services, is at least 10 times more effective in reducing poverty than spending on fertiliser or power subsidies, an ongoing study has shown. Spending ?10 lakh on agricultural R&D can help lift 328 people out of poverty, whereas allocating the same for fertiliser or power subsidies...

-The Times of India If what the central government spends on providing healthcare for its own employees is a measure of what decent healthcare costs, what governments (central and states put together) spend for the ordinary citizen is a paltry sixth of that amount. The recently released National Health Accounts (NHA) 2014-15 shows that the average government spend per citizen per year was just Rs 1,108, against almost Rs 6,300 per...