-Frontline If Budget 2015 is any indication, the Modi government is going beyond what could be called benign neglect of agriculture to policy moves that are likely to harm its viability. IT is scarcely surprising that farmers are upset with the Narendra Modi government. Indeed, the rosy dreams created by that famous campaign advertisement of the Bharatiya Janata Party (BJP), when farmers spoke of the high crop prices and better cultivation conditions...
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Building on Aadhaar -Bibek Debroy
-The Indian Express As of the first half of March, 786 million of those who are 18 and older have got Aadhaar numbers. The largest absolute numbers are in Maharashtra, Uttar Pradesh and West Bengal. There are two broad channels for Aadhaar enrolment - the Unique Identification Authority of India (UIDAI) itself and the Registrar General of India (RGI). For instance, in Lakshadweep, Dadra & Nagar Haveli, Tamil Nadu, West Bengal,...
More »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 »Budget for huge increase in DBT -Puja Mehra
-The Indian Express Benefits of Rs.33,000 crore will flow every year to the accounts of beneficiaries The Union Budget 2015-16 proposes a 10-fold scaling up of Direct Benefit Transfers (DBT) during the next financial year as a key expenditure control measure. The move is expected to lead to accurate targeting of beneficiaries, de-duplication, reduction of fraud and elimination of waste and leakage in public programmes and schemes. The total number of beneficiaries under 35...
More »Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
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