-Frontline If Budget 2015 is any indication, the Modi government is going beyond what could be called benign neglect of agriculture to policy moves that are likely to harm its viability. IT is scarcely surprising that farmers are upset with the Narendra Modi government. Indeed, the rosy dreams created by that famous campaign advertisement of the Bharatiya Janata Party (BJP), when farmers spoke of the high crop prices and better cultivation conditions...
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‘Plan mindset must be replaced with development idea’
-The Hindu Business Line Chennai: The Fourteenth Finance Commission has formulated its recommendations without any reference to the distinction between Plan and non-Plan outlays. This will facilitate greater attention to maintenance expenditure, and reduce incentives to boost capital works and show large-sized plans, said YV Reddy, Chairman of the Commission and former Governor of the RBI. Delivering the Raja J Chelliah Memorial Lecture at the Madras School of Economics on Monday, Reddy...
More »Aahaar seeks corporate fuel -Subhashish Mohanty
-The Telegraph Bhubaneswar: The Naveen Patnaik government has sought the corporate sector's help to finance its new Aahaar (food) scheme, under which rice and dalma would be served to people at lunchtime for Rs 5. The scheme would be launched on April 1, coinciding with the 79th foundation day of the state, in Bhubaneswar, Cuttack, Berhampur, Sambalpur and Rourkela. It would cater to 25,000 people every day. In Bhubaneswar, the subsidised food will...
More »The developing story -Sukumar Muralidharan
-The Hindu Business Line Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...
More »BJP’s poll funds equal other parties’ put together
-Hindustan Times The BJP had received as much money in donations as all other national political parties combined for the 2014 general elections that it won with a sweeping verdict, says a report by the Association for Democratic Reforms (ADR). The ADR report said the BJP collected Rs 560 crore as against Rs 350 crore by the Congress, around Rs 77 crore each by NCP and the BSP and Rs 65 crore...
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