-The Hindu Business Line A realistic MSP, better market access and warehouses Agriculture is not a profitable business in India. About 70 per cent of the country’s farmers are struggling to make ends meet. In 2012-13, the NSSO’s ‘Situation Assessment Survey of Agricultural Households’ showed that farmers who own 1 hectare or less of land see an average monthly income of ?5,247, which doesn’t even suffice to meet their household expenses. Prime Minister...
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Sowing a concept
-The Hindu Business Line Implementing a national agricultural market is about more than just setting aside minor funds in the Budget Finance minister Arun Jaitley announced in the Budget that the coverage of the National Agricultural Market (e-NAM) would be extended from 250 mandis (markets) to 585 across the country. This is just a reiteration of what was planned when the e-NAM was launched, in April 2016. Jaitley has also sanctioned Rs....
More »Budget 2017: Lowering Cash Limit for Political Donations Farcical, Say RTI Activists -Gaurav Vivek Bhatnagar
-TheWire.in Many feel the move is pointless as lowering the disclosure limit requires an amendment to the Representation of Peoples Act, which remains unchanged. Several RTI activists have dismissed finance minister Arun Jaitley’s announcement that cash donations to political parties will now be capped at Rs 2000, down from the earlier limit of Rs 20,000. They have questioned the intent behind the decision – it is meant to increase transparency and accountability...
More »Child malnutrition on rise but funding falters -Komal Ganotra
-Down to Earth Almost 40 per cent of India's population is minor but the budget allocated to them is a meagre four per cent of the Union budget It was a mid-winter morning when we first met her at the anganwadi centre of Mai, a small village by the bank of the River Ganga in Bihar’s Munger district. The breakfast session at the anganwadi centre was just over, though some of the...
More »M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
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