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A policy drought

-The Hindu Business Line Distracted by elections, the country’s alarming water crisis has been overlooked As India’s water crisis gets visibly worse with every passing summer, it is clear that the bureaucracy and policymakers are not working to find immediate and long-term solutions. This time, the apathy seems to have worsened due to the ongoing elections. In Maharashtra and Kerala, for instance, the administrations have taken refuge in the ‘model code of...

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YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)

-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...

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The limits of MSP -Ashok Gulati & Tirtha Chatterjee

-The Indian Express Instead of fiddling with procurement prices, government must devise an income policy for farmers. Speaking at the 37th foundation day celebrations of the NABARD, Arun Jaitley gave food for thought to the audience when he said, “If there is any area in the economy where we can give an example to the world and to ourselves of Cooperative Federalism, it is the agriculture sector. It can benefit people more...

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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)

-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...

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From ideas to action

-The Hindu Business Line The National Health Protection Scheme is promising but sketchy The National Health Protection Scheme (NHPS), which promises to provide a cover of ?5 lakh each to 10 crore households (50 crore people, or about 40 per cent of the population), marks a big step forward to make secondary and tertiary healthcare affordable to the poor. The initiative is likely to reduce “catastrophic” out-of-pocket expenses, which are estimated to...

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