-The Economic Times Cash transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...
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Listen to the CACP
-The Business Standard Govt must stop open-ended procurement of wheat It is not often that the government asks the Commission for Agricultural Costs and Prices (CACP) to review its report on the pricing and marketing policy for wheat — though the commission’s recommendations have been overlooked in the past to factor in political considerations while fixing minimum support prices (MSP). The present controversy over wheat- marketing policies concerns chiefly two issues....
More »'Free electricity for farmers is hurting development, not helping it– including farmers themselves'-Lalit Jalan
-The Economic Times There has been a change of guard at the power ministry and Jyotiraditya Scindia, the new man in charge, has described his task as daunting. To simplify the many complexities, it's worth keeping in mind an adage that's particularly apt for rural India: Nothing is more expensive than no power. While on one hand there are thousands of villages that still remain to be electrified, on the other even...
More »Wages upsurge driving inflation: RBI
-The Financial Express Mumbai: On Tuesday, the RBI said the path of inflation will be shaped by two sets of counteracting forces. On the downside, slower growth and Excess Capacity in some sectors will help moderate core inflation. “Stable, or in the best case scenario, declining commodity prices will reinforce this tendency. An appreciating rupee will also help to contain inflationary pressures by bringing down the rupee cost of imports, especially of...
More »Let's look at what really lies beneath -Prerna Bindra
-The Hindustan Times India's ailing economy has found a new scapegoat - environment and forests. For most things that go wrong these days, from power shortage to slow growth, the blame is tossed at the door of the ministry of environment and forests (MoEF), the paradigm being that forests, wildlife and green laws are hurdles to development. So much so, that a Group of Ministers established to 'rationalise' coal mining in forests...
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