-The Hindu Business Line Low ground water levels have led to sluggish start to sowing of most kharif crops Pay Commission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country’s working population dependent on agriculture was at 38 per cent in 2011-12 — and this, even as the share of agriculture in the Indian economy stood at a modest 15...

-Hindustan Times India’s below-average and a largely flat food production this year is sure to keep prices of pulses high, prompting the government to take a slew of steps aimed at taming prices. Yet there is widening demand-supply deficit of one of the commonest protein item on an average Indian’s plate. * What happened? Lentils, the commonest protein item in an average Indian’s meal, are low on supplies. * What does it mean? Pulses could...

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

-Outlook Is the devolution of ­national funds to states really worth the praise? * Share of the states in the divisible pool of central taxes has risen from 32% to 42% for five years till 2019-20 * Rise in untied funds transferred is accompanied by cut in Central assistance for state plan spending * Limited ability of the poorer states to expand their fiscal space with own revenue collection * Funds for rural development...

-The Indian Express Budget 2016 has a greater focus on the rural and social sectors. But the challenge will lie in improving delivery systems. Indian agriculture as well as the rural sector have been in distress in the last two years due to deficit rainfall and the decline in global commodity prices. The rural non-agriculture sector, too, has been under stress due to the lack of demand for manufacturing and services. It...