-The Hindu Business Line India should fine-tune its scheme to make it WTO-compliant The fact that the Centre’s new crop insurance scheme has hit a WTO speedbreaker does not really surprise. The EU, Canada, Australia and Thailand have implicitly said that in its present form, insurance payouts cannot readily be placed in the ‘green box’ — one that exempts certain expenditures from farm subsidy calculations for WTO purposes. They have, in effect,...

-Business Standard Petroleum ministry went through the list of consumers in affluent areas to find only 3% earning over Rs 10 lakh/year had surrendered their cooking gas subsidy The government is monitoring people earning over Rs 10 lakh a year who have not given up their cooking gas subsidy. Income tax data was being examined in affluent areas, Petroleum Minister Dharmendra Pradhan told Business Standard. This year's Economic Survey said Rs 1 lakh...

-The Hindu Campaign is part of government’s endeavour to reduce LPG subsidy bill More than 80 lakh households have given up LPG subsidy under the ‘Give it Up’ scheme, as of March 3, 2016, Oil Minister Dharmendra Pradhan said.The ‘Give it Up’ campaign is part of the government’s endeavour to reduce its LPG subsidy bill. Under the scheme, LPG users who can afford to pay the market rate for the fuel are encouraged...

-Economic and Political Weekly The Modi government tries hard to signal a makeover but beyond the symbolic it does not change much. Budget 2016 is not important for the proposals that it has made but for what it tries to signal about the proposed makeover, in a limited way, of the Narendra Modi government. The budget does try hard to claim that the Modi government is not a “suit-boot” administration, an image...

-The Hindu We cannot permit gross inequality-linked deprivation to leave its malign signature on the lives of those who are yet to come. As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of the markets and financial speculation, and by attacking the structural causes of inequality, no solution can be found for the world’s problems. Inequality is the root of social ills. —...