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On the farm front, make a bold move -Ashok Gulati

-The Indian Express The budget is an opportunity for government to address the simmering discontent and disillusion in rural India. The first advance estimates of GDP growth, at 2011-12 constant prices, put the growth for FY16 at 7.6 per cent over the previous year. This is the highest growth rate in the first four years of the forgotten 12th Five-Year Plan. No wonder this makes the Narendra Modi-led NDA government somewhat...

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Reality of US Farm Subsidies: An Analysis of Agricultural Act of 2014 -Biswajit Dhar & Roshan Kishore

-Economic and Political Weekly Biswajit Dhar (bisjit@gmail.com) teaches at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi. Roshan Kishore (roshan.jnu@gmail.com) is currently a data journalist with Mint. With the formation of the World Trade Organization in 1995, the United States farm subsidies had moved towards income support, reducing spending on price support measures. The explicit reason was that the WTO had held that the latter forms were more...

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Lack of 'suitable' jobs holding back women employment -Ishan Bakshi

-Business Standard According to NSSO, employment surveys, women participation rates in India fell sharply after 2004-05 India ranks 120 among 131 countries on women labour participation, according to a report by International Labour Organization. Traditionally, this has been blamed on a culturally patriarchal society and rising family incomes that allow more women to stay at home. A new paper by World Bank economists blames a "jobs deficit" for the decline in female labour...

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Two cheers for jobs scheme

-The Hindu Business Line It has worked as a rural safety net. But the Centre has other budgetary priorities A decade after the Mahatma Gandhi National Rural Employment Guarantee Scheme came into force, the NDA government has come around to accepting its usefulness — and that, in a difficult agriculture year. Last February, the Prime Minister disparaged the programme for merely digging pits. But only a few days ago, the finance minister...

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Basmati rice exporters demand government support to improve exports -Jitendra

-Down to Earth International prices of basmati have been declining over the last two years With prices of grains and cereals plummeting worldwide, basmati rice exporters have urged the Union commerce ministry to include packaged basmati rice in the Merchandise Export from India Scheme (MEIS). MEIS allows exporters of certain goods access to “Free on Board (FOB)” value, which means the shipping charges are borne by the importer instead of the exporter....

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