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India needs sound policy to battle weather shocks

-Hindustan Times About 330 million people are affected by drought in 10 states as 256 districts reel from severe water shortages and poor farmers suffer crop losses. The current dry spell is partly because of two back-to-back years of bad monsoons. Policy makers have no control over fickle weather whims. As credit rating and research agency Crisil points out, the rising frequency of weather shocks amid higher vulnerabilities has compounded agrarian...

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Clearing the air on LPG -Siddharth George & Arvind Subramanian

-The Indian Express Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent. Direct cash transfers have the potential to improve the economic lives of the poor by transferring benefits to households quickly and directly. Achieving these benefits requires thoughtful design of schemes, and careful, rigorous analysis of ongoing...

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Understanding the economy of ageing -Jacob Koshy

-The Hindu The Longitudinal Ageing Study of India is to follow the health and socio-economic condition of 60,000 Indians over the age of 45 for at least 25 years and report on how growing old affects the country Half of India’s over 1.2 billion population is 25 years or younger, with only about nine per cent over 60 years. Over the next three decades this is expected to balloon to 20 per...

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Dr ABP Pandey, Director General and Mission Director of UIDAI speaks to Nitin Sethi

-Business Standard Dr A B P Pandey, Director General and Mission Director of UIDAI speaks to Nitin Sethi on how the efficacy of Aadhaar will be monitored and what challenges it faces as it reaches the 100 crore enrolment mark. * Challenges now that the law is in place… Once the law is notified, then one be the procedural challenge. Government will have to notify necessary rules under the law and UIDAI will...

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Political expediency wins over cooperative federalism -Nitin Sethi & Ishan Bakshi

-Business Standard Cess, surcharges come in handy New Delhi: Looking to leave its political imprint over spending in rural India, the National Democratic Alliance (NDA) government has budgeted for a massive 31 per cent hike in its share of spending on nine big-ticket centrally sponsored schemes (CSS) in 2016-17 over last year's budgetary allocation. Last year's Budget mantra of 'cooperative federalism' has been sidestepped to favour political exigencies. To fund these schemes, which...

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