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Two Key Numbers to Look Out for in the Upcoming Budget 2021 -Jayati Ghosh

-TheWire.in The most important concern is that of increasing public spending. There are really only two numbers to look out for in the forthcoming budget: how much did the government claim to have spent in 2020-21, and how much does it intend to spend in 2021-22. These two numbers will determine whether there is any real hope of sustained macroeconomic recovery in the near future, notwithstanding any claims of green shoots or revival...

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Mining in India equals selling the family gold -Rahul Basu

-The Hindu Treating mineral sale proceeds as revenue or income hides the real transaction — the sale of inherited wealth The principle that the economy must be “sustainable” — we cannot compromise the ability of future generations to meet their needs — is beyond question. Climate change and high levels of consumption already threaten to rob future generations of a planet that is liveable. The principle of Intergenerational Equity would make it...

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Bihar’s failing PACS system shows what could happen after the farm laws -Akhilesh Pandey

-CaravanMagazine.in In 2006, the Bihar government deregulated the agricultural sector, and largely removed government oversight over food grain procurement. Previously a majority of food grain procurement happened through the Agricultural Produce Market Committee, a marketing board run by the state government that would organise mandis—wholesale markets—where farmers could directly sell their produce to the Food Corporation of India or the State Farming Corporation at the established minimum support price. The MSP...

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For a smarter food security programme -Vijay Avinandan, Alok Mishra and Subham Awasthi

-The Indian Express Evidence-driven approaches, including those tried out in Mexico and Brazil, can remove shortcomings in India’s nutrition schemes. The findings of the National Family Health Survey (NFHS-5) have come as a reality check, and even experts are trying to make sense of it. The survey shows that food security and nutrition in India have worsened since the last NFHS round (2015-16). Among the 22 states and Union Territories (UTs) for...

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Is contract farming in India really worth it? -Mahesh Pandya and Falguni Joshi

-Down to Earth It is a novel idea; but in a country where the ruling class openly favours corporates, it could prove disastrous for farmers India’s agriculture sector makes a significant contribution to its Gross Domestic Product and provides livelihood for many millions of people. Agriculture is not only a means of trade and a source of livelihood, but is fundamentally associated with our culture. Today though, farmers are distancing themselves from farming...

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