-Livemint.com A large number of central schemes end up curbing the autonomy of states In some ways, the thunder of finance minister Arun Jaitley’s first full-year budget was stolen by the Fourteenth Finance Commission (FFC) report. Released just a few days before the budget speech was made, the FFC brought in significant changes in state-centre finances by increasing the devolution to states from 32% to 42% of the net Union tax...

-Hindustan Times If you thought climate change was only about melting glaciers and sinking islands, you have underestimated it. A report by C40, a global network of 82 megacities--including Delhi--committed to fighting climate change, says that at least 70% of these urban centres are already affected by climate change. Not all of them are coast or hill towns. As population is increasing in these megacities, rising pollution, growing congestion and mounting waste...

-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...

-The Indian Express Punjab is a case study in agricultural and economic mismanagement in India From the breadbasket of India, Punjab has become a basket-case economy. Endowed with ample water and good soil, Punjab’s happy, progressive people had a dream that is now a distant memory. Punjab’s decline started with its trifurcation. In its bid to establish a separate identity, the poli-tical establishment obsessed over a religious-political agenda and steered the state...

-Business Standard Cabinet note soon on Rs 1,800-cr investment over 5 years to boost sector, skills To push fish production, the Centre is formulating a programme to tap water reservoirs and neglected water bodies such as wetlands for breeding through modern technologies. The programme, part of Prime Minister Narendra Modi’s vision of a Blue Revolution, entails Rs 1,800 crore over the next five years, much lower than what was envisaged by a working...