-Business Standard States will now have to spend from their pockets to keep their social-sector schemes going The 2015-16 Budget seems to have broken the contract between the Centre and the states on sharing the economic burden for delivering social security. The Centre's assistance to the states for social sector schemes has come down from a budgeted Rs 3.56 lakh crore in FY15 to Rs 2.20 lakh crore in FY16. Effectively, while the...
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Food For Thought, Mr Modi -Ria Singh Sawhney & Jessica Pudussery
-Outlook A hasty transition to cash transfers without adequate banking services will do more harm than good for food security. As students we had been active in a campaign for the National Food Security Act (NFSA) since 2009. We met more than 100 Members of Parliament to explain why the law was important. Our own belief in the importance of the Act came from having participated in surveys to understand the...
More »Mission for Green India, MGNREGA will converge to facilitate afforestation on 10 million hectares of land -Yogima Sharma
-The Economic Times NEW DELHI: The Centre has decided to extend its flagship rural jobs scheme to include afforestation as part of a move to create more durable assets through the programme that Prime Minister Narendra Modi recently derided as a living monument to the previous UPA government's failures and promised to overhaul. Officials said the National Mission for a Green India (GIM) and the Mahatma Gandhi National Rural Employment Guarantee Act...
More »Unconstitutional exercise of power -Suhrith Parthasarathy
-The Hindu The proposed amendment bill to the Land Act has amendments that are an exercise of state power without reason, with the basis for these changes on assertions of a vague agenda of development. What is equally disturbing is that at least some of the changes that these amendments propose, if passed, would also be patently unconstitutional In his celebrated treatise on constitutional law, H.M. Seervai began a discussion on the...
More »Nehruvian budget in the corporate age -Jean Drèze
-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...
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