-The Economic Times blog Prayers have been answered, monsoon has made landfall in Kerala, close to where Vasco da Gama landed in 1498. Potentially, the impact on political fortunes will be no less. This government has promised to double farm incomes in six years and economists argued that this would be impossible because it would entail a 12% annual growth in incomes; unprecedented globally. Starting from such abysmally low farm income...

-The Indian Express The suffering of millions does not create public outrage, much less government accountability. The people of India’s villages carry collective memories of centuries of calamitous losses of sometimes millions of lives in famines. Famines have been pushed into history, unarguably one of free India’s greatest accomplishments. But the same can’t be said about droughts, which continue to extract an enormous toll on human suffering. At least a third of the...

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

It seems that not only civil society activists, but even the poor and marginalized themselves are not happy with the Centre’s social welfare policies. Following the recent protest by 150 eminent persons regarding failure of the NDA Government to take-up urgent measures for employment generation and ensuring food, nutrition & drinking water security in the backdrop of severe drought in roughly 1/3rd of Indian districts (please click here to access),...

-The Indian Express Because this time, it’s only rural producers, not urban consumers, who are feeling the heat This time’s drought has been a most unusual one. Even with three consecutive bad crops (kharif 2014, rabi 2015, and kharif 2015) and a fourth not-so-great one (thankfully, there’s been no big damage from the unseasonal rain and hail unlike in March 2015), annual consumer food price inflation is only 5.3 per cent. In the...