-The Hindu Business Line It should have considered universal basic income. But sadly, budgets are not seen as a means to meet socio-economic goals The Union Budget attracts considerable media hype and debate. Democracy, if understood as a contract between the state and its citizens, may have to use the budgetary process to ensure not only prosperity for all, but justice or fairness to the most disadvantaged among them as well. A rational...
More »SEARCH RESULT
Rain-boosting La Nina out, forecasters now fear El Nino
-The Economic Times NEW DELHI: The rain-boosting La Nina phenomenon is completely ruled out this year and conditions are likely to remain neutral or turn toward the feared El Nino, which is not good for the monsoon, but forecasters said that a clear picture would appear only after a few months. Changes in temperature in the equatorial Pacific Ocean, which scientists call El Nino Southern Oscillation (ENSO), are a key influence on...
More »Farming goes to seed -Jayshree Sengupta
-The Tribune Demonetisation didn’t overly impact the sector, but devitalisation is a concern THERE has been a lot of speculation about the extent of damage due to demonetisation on agriculture. Small farmers suffered most because cash in hand means a lot to them. They were unable to pay for inputs like fertilisers, seeds and farm labour and experienced low demand for their perishable produce. The latest data from government’s agricultural ministry however...
More »Budget bids adieu to welfare state, rue civil rights activists
-The Hindu Business Line Fails to ease distress caused by demonetisation’ New Delhi: Terming the Union Budget 2017-18, presented by Finance Minister Arun Jaitley, as detrimental to the realisation of the welfare State, as enshrined in the Constitution, civil rights organisations said it “fails to respond to the present situation of distress and unemployment especially aggravated by demonetisation.” “The Budget seems to be perpetuating unemployment, hunger and malnutrition,” said a release by the...
More »Welcome push to rural India's aspirations -Harsh Kumar Bhanwala
-The Hindu Business Line Bringing digital banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...
More »