-Economic and Political Weekly The platform known as the JAM Trinity (an acronym for Jan Dhan Yojana, Aadhaar and mobile numbers) may enable a shift from the current Public Distribution System, based on price subsidies, to the direct transfer of benefits. However, it is incorrect to argue that JAM technologies will necessarily lead to the demise of the PDS. State-level experiences of computerisation, recounted here, reveal that the same technologies can...
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Government looking at stripping the rich of LPG subsidy -Surojit Gupta & Sanjay Dutta
-The Times of India NEW DELHI: The government is looking at taking rich households out of LPG subsidy scheme with the aim of freeing up resources to provide clean kitchen fuel to more poor families and ensure socially responsible use of public money. While no final decision has been taken yet, the issue has certainly emerged as a discussion point within the top levels of the government. "I humbly submit that the time...
More »Centre hikes pulses MSP but experts say too little, too late
-The Indian Express The minimum support price (MSP) for the two pulse crops has been raised by Rs 250 per quintal over their levels in the 2014-15 rabi season. In a bid to encourage farmers to grow more pulses amidst soaring dal rates, the Centre Thursday increased the procurement price of chana (gram) and masur (lentil) planted in the current rabi season by around 10.5 per cent. The minimum support price (MSP) for...
More »The farm test
-The Indian Express Government cannot afford to wait any longer to address the building agricultural distress. The government and the political class seem oblivious to a deepening farm crisis, resulting from back-to-back monsoon failures and falling crop prices. One indicator of the growing agrarian distress is farmer suicides, no longer a phenomenon confined to Vidarbha or Telangana. The current year has seen farmers even in states like Karnataka, Odisha and Madhya...
More »They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
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