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In a year of flat food output, pulses poses inflation worry -Zia Haq

-Hindustan Times India’s below-average and a largely flat food production this year is sure to keep prices of pulses high, prompting the government to take a slew of steps aimed at taming prices. Yet there is widening demand-supply deficit of one of the commonest protein item on an average Indian’s plate. * What happened? Lentils, the commonest protein item in an average Indian’s meal, are low on supplies. * What does it mean? Pulses could...

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The indirect benefits transfer -Jayati Ghosh

-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...

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Govt sets up panel to lay out plan for doubling farm incomes -Sayantan Bera

-Livemint.com Panel aims to find ways to diversify risks in farming, examine how integrated farming can boost incomes New Delhi: The central government has set up a panel to suggest ways to double farm incomes by 2022, as promised by Prime Minister Narendra Modi. The task of the inter-ministerial committee will prepare a blueprint to transition farm policies from being production oriented to based on incomes or value addition. The committee will look...

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Withdrawing the lifeline -Jayati Ghosh

-The Indian Express At a time of extreme rural distress, the Centre is violating the basic provisions of the employment guarantee act We are currently in the midst of an unprecedented early drought that is already affecting at least 10 states. Even if the met department’s optimistic prediction of a better-than-normal monsoon comes to pass, it will be at least two months before there is much relief in most rural areas...

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Only 1.8% got 150 days of work in drought-hit states: MGNREGA data -Shalini Nair

-The Indian Express The data for 10 drought-hit states show that a total of 1.52 crore people got employment under MGNREGA in the financial year ending March 31, 2015. For states hit with severe drought, the latest decision of the Ministry of Rural Development to continue providing 150 days of employment under MGNREGA may come as a much-needed succour. However, data shows that in 2015-16 of the households that were provided...

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