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How Much Can We Forgo To India Inc? -P Sainath

-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to loan waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...

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Corporate karza maafi at Rs. 36.5 trillion -P Sainath

-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years.  It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...

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No focus on Punjab issues -Sarbjit Dhaliwal

-The Tribune Chandigarh: There is nothing much for Punjab in the Union Budget. In fact, it has left important issues pertaining to state's fiscal health and economy untouched. As far as Punjab is concerned, the Union Budget is disappointing," said eminent economist Sucha Singh Gill. The Budget has left state's debt issue untouched. When Pranab Mukherjee was the Finance Minister, he had proposed to set up a special committee at the Union Government...

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Drought Mitigation in Tamil Nadu -S Rajendran

-Economic and Political Weekly     Sustained and focused efforts have to be made by the Tamil Nadu state government to provide relief and rehabilitation to the drought affected people of the state. S Rajendran (myrajendran@gmail.com) is with the Department of Economics, Periyar University, Salem, Tamil Nadu. Due to the failure of the north-east monsoon in December 2013, Tamil Nadu is witnessing drought like conditions this year, leading to poor agricultural productivity, rural distress,...

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The loud cries of farmers' widows have been lost in the din of the Narendra Modi coronation-Devinder Sharma

-DNA   In the midst of the euphoria in the capital markets, after a strong mandate for Narendra Modi, the loud cries of wailing farm widows have been lost in the noise and cacophony that followed. To my mind, this is the biggest policy paralysis that afflicts the country. So when I heard Modi speak at the Central Hall of Parliament the other day: "Ours will be a government that thinks, works and...

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