-The Indian Express Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has constantly declined from 0.31 per cent of the gross value added of agriculture and allied activities in 2011-12 to 0.24 per cent now Seven years of low crude prices, five years of above normal monsoon topped by good agriculture production, and everything looked positive for a...
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The Enormous Extra Spend In Budget Is An Illusion -Aunindyo Chakravarty
-NDTV blog Nirmala Sitharaman said: "We have spent, we have spent and we have spent." She had every reason to claim that, since the budget numbers show that the centre spent ₹ 4.1 lakh crore, or 13 percent above what it had planned for last year. Additional spending will continue this year: expenditure is estimated to go up by 14.5 percent in 2021-2022 compared to last year, even though the government's...
More »The Earth And Her Daughters -Preetha Nair
-OutlookIndia.com Missing in common images of the 'kisan', not counted by economists, not found on property papers. Recent events put the focus on the silent workforce of our farms. This is India’s shameful secret, as it is the world’s. The ‘formal’ economy—where human toil and its fruits are counted and put on graphs—has always had an area of darkness. A very large area that it pretends doesn’t exist. “Women hold up half...
More »Before Budget: Revenues Crash, Debt Mounts – But People Still Deprived -Subodh Varma
-Newsclick.in The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily. When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year’s...
More »Can India actually afford MSP for farmers? It’s a question of political will -Kiran Vissa and Yogendra Yadav
-ThePrint.in If there is one moment to bust the myth about MSP being unviable, it is now, when lakhs of farmers are preparing to march to the capital on Republic Day. Can the farmers of India be offered a guaranteed remunerative price for their produce? The Narendra Modi government, some economists, and the country’s media would have you believe that this is impossible — both logistically and financially. They are wrong. They...
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