-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
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Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
More »Aadhaar is fine to stop some kinds of leakage and corruption. But it is no panacea. -Maitreesh Ghatak
-The Economic Times The art of good governance is through trial and error, figuring out what works where and how, and scaling up from below. Only then can one have a solid foundation. Aadhaar literally means something that holds (dhaaran: to hold). The word is interpreted either as a foundation or base (such as, to a building), or a container (such as, of water), even though given that it is an identity-verifying...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Agriculture ministry differs with CSO over estimated growth of farm sector
The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...
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