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No clean slate -Arvind Virmani

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

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It's trust vs certification -Aparna Pallavi

-Down to Earth For farmers, trust sells more than organic licence A FOOD SAFETY and Standards Authority of India (FSSAI) official walked into Restore, an organic food store at Kottivakkam in Chennai. He picked up a packet of rice off the shelf and noticed some bugs in it. "How can you sell groceries with bugs?" he asked. The staff told him their customers buy their goods precisely because of the bugs in...

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The next farm downtrend -Harish Damodaran

-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...

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India’s two-speed demography -Prachi Priya & Anuj Agarwal

-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...

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Improving Healthcare Services at Reduced Prices -Meeta Rajivlochan

-Economic and Political Weekly The key to improving the quality of healthcare services in India and reducing costs at the same time can be found by enacting legislation which lays down minimum standards of patient care. In the absence of such standards and the reluctance of health insurance companies to standardise either price or quality, healthcare services continue to be expensive and of doubtful quality. Developing standards of patient care by...

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