-The Indian Express Thanks to the efforts of district police and administRATion, villagers are recovering from Naxal violence. Raipur: Twenty-eight-year old Devi Podiam, a resident of Potali village in Dantewada district of Chhattisgarh, is used to allocating two full days at the beginning of each month just to walk over 10 km to a RATion shop in Tirkapara in order to get monthly supplies of rice and other necessities for her family....
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Budgeting for jobs, skilling and economic revival -Ram Singh
-The Hindu The Budget needs to provide direction to India’s tottering economy and a boost to aggregate demand and investment The forthcoming Union Budget will determine whether India’s economic engine gets the steam needed for a rebound, or the current economic situation becomes even worse. Not just the future of the economy, the future of the country’s youth depends on the Budget. The unemployment RATe at 6.1% (Financial Year 2017-2018) is the highest...
More »With a huge informal economy, government should increase spending, not worry about deficit -Maitreesh Ghatak
-The Indian Express To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day. That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to...
More »Agriculture reforms:: a mantra for equitable growth -Ajay S Shriram
-The Indian Express There are many things that the government can do to improve ease of doing business for kisan and industry. The budget season is upon us, with a flurry of submissions being made to the finance minister from all quarters. The budget itself could result in a fine-tuning of tax RATes and allocation adjustments against various expenditure heads/ministries. There are implications from these for all sectors. And no less...
More »Why India faces a public funding crisis -RAThin Roy & Puja Mehra
-Livemint.com * The Centre has no money for a stimulus package. Only the states can find a way to get India out of the slowdown * States, taken collectively, are the only hope. Despite loan waivers, they are in a better position to boost public spending. But that would require coordinated work between the Centre?and the states NEW DELHI: On 1 February, finance minister Nirmala Sitharaman will present an important Union budget. The...
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