-Livemint.com Three questions can help understand whether the budget has enough wherewithal to provide a big rural stimulus New Delhi: The government has given enough signals that the distress-ridden rural sector would receive special focus in the forthcoming Budget. On Monday, a Mint report quoted senior officials in the agriculture ministry saying that there could be a significant increase in budgetary allocations for crop insurance and irrigation. But in the backdrop...
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Some Reflections on Agrarian Prospects -Abhijit Sen
-Economic and Political Weekly Abhijit Sen (abhijitsenjnu@gmail.com) retired recently from the faculty of the Centre for Economic Studies and Planning, Jawaharlal Nehru University; he has also been a Member of the Planning Commission and then of the Fourteenth Finance Commission. Indian agriculture is once again in a slowdown. After the spurt of 2004-05--2011-12 when growth accelerated and the variability of production declined, in recent years growth has slowed and volatility has risen....
More »India’s failed diplomacy at the WTO
-Livemint.com It has repeatedly failed to protect the domestic food security agenda The cabinet’s approval of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) on Wednesday is, on the face of it, a relatively innocuous development. As WTO deals go, this is low-hanging fruit. The agreement is to reduce administrative barriers at ports and customs, reducing transactional costs of international trade and consequently—according to various studies—increasing global gross domestic product...
More »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...
More »Eliminating Poverty in Bihar: Paradoxes, Bottlenecks and Solutions -Mihir Shah
-Economic and Political Weekly Mihir Shah (mihir.shah@nic.in) is Secretary, Samaj Pragati Sahayog, a grass-roots organisation based in Dewas District of Madhya Pradesh. A close examination of Bihar's recent growth experience reveals several paradoxes. These are paradoxes only with reference to certain orthodox positions widely held in development economics. Resolving these paradoxes helps formulate a more incisive understanding of what bottlenecks lie in the way of eliminating poverty in Bihar and opens the...
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