-The Economic Times New Delhi: The government has asked 25 states that received less than 75% rainfall during the monsoon to factor in the deficit while preparing the labour budget for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in FY18. According to data analysed by the agriculture ministry, 155 districts in 25 states received less than 75% of the long period average rainfall between June and September 2016. States...
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Why has inflation moderated in India? -Sajjid Z Chinoy
-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...
More »The foreign hand isn't enough -Alex M Thomas
-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...
More »We haven't given primacy to primary education -Uddalok Bhattacharya
-Hindustan Times India will celebrate the 100th anniversary of its independence without all its children in school, according to a Unesco report. The Global Education Monitoring report of Unesco has said India can achieve universal primary education by 2050, universal lower secondary education by 2060 and universal upper secondary education by 2085. This is a sad commentary because at governmental level India has tried to universalise primary education though the funds...
More »From plate to plough: The arhar challenge - Ashok Gulati & Smriti Verma
-The Indian Express The incentive structure, currently skewed in favour of rice and wheat, needs to become crop-neutral High prices of pulses are upsetting the food budget of many poor families. Soaring retail prices of dals — urad at Rs. 170/kg, tur/arhar at Rs160/kg, gram/chickpea at Rs 127/kg, moong at Rs 111/kg and masoor at Rs 100/kg — have made dal a luxury for the dal-bhaat and dal-roti eating population. But not...
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