-Down to Earth Instead of encouraging them on paper, the government has to create a few model FPOs in the country and provide institutional support to them The Narendra Modi-led government has been tirelessly claiming that it would double farmers’ income by 2022. There is a lot of evidence to show that in the pursuance of this target, the income of farmers has not increased, but has rather stalled or decreased. Consequently,...
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The path to reforms: Ensure enforcement, bring clarity - Devesh Kapur, E Sridharan and Milan Vaishnav
-Hindustan Times Election Commission of India (ECI) is outgunned when it comes to confronting those who circumvent existing campaign finance rules and lacks power to sanction candidates. It is a truism to note that political finance sits at the heart of corruption in modern India. While politicians publicly lament the status quo, they privately profit from the current system. Therefore, the fact that the Narendra Modi government has made reforming political finance...
More »Arvind Subramanian, ex-Chief Economic Advisor (CEA), interviewed by Prashant Jha
-Hindustan Times Subramanian says due to less suitable global economic scene, reaching double-digit growth will need more hard work The announcement that Arvind Subramanian, India’s Chief Economic Advisor (CEA), is quitting for personal reasons to return to the United States has generated considerable attention. The CEA spoke to Prashant Jha about his time in government and the state of the economy: * As you look back, what are the key highlights and the...
More »Election Commission can't regulate content of media article, says High Court -Anubhuti Vishnoi
-The Economic Times NEW DELHI: Dealing a second blow to the Election Commission’s position on an issue in less than six months, the Delhi High Court has last week set aside the EC order disqualifying BJP’s Cabinet minister in Madhya Pradesh Narottam Mishra, on grounds of paid news. The latest HC order could draw a red line for the EC on the subject of ‘paid news’ as it says that the Commission’s...
More »Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story -Sunny Verma
-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...
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