-The Hindu As the government pushes for ‘Make in India’, it could begin by unmaking the damage the post-1991 reforms inflicted on domestic industry. This year marks 25 years since the so-called “economic reforms” were launched in July 1991. By now, broad contours of the policies and practices that characterised such reforms are well known, viz. radical deregulation, marketisation and privatisation of the industrial, technological and financial sectors, and an across-the-board...

-The Indian Express Central allocations for agriculture are less important than the state budgets. I took the night train to Delhi to participate in budget-day discussions and my co-passenger, who boarded the train in ravaged Punjab, asked me a simple question: “50 farmers are committing suicide everyday; will the budget end farmer suicides?” My answer was — and still is — “No.” The Union budget is just the government’s bookkeeping exercise...

-The Hindu The belt-tightening requires the poor to pay increased indirect taxes while the cushion of the social sector is consistently taken away from them. There is always a hype around a Union Budget but this time around, the expectations were running sky-high in terms of it being the make-or-break Budget for the Narendra Modi-led government since it happens to be in the middle of his five-year term. I must say at...

-PTI Geneva: Ruling against India, the WTO today said the government’s power purchase agreements with solar firms were “inconsistent” with international norms — a matter in which the US had filed a complaint before the global trade body, alleging discrimination against American firms. The US had dragged India to the WTO on this issue in 2014, alleging that the clause relating to domestic content requirement (DCR) in the country’s solar power mission...

-The Times of India NEW DELHI: Ahead of state polls in five states, the Modi government has constituted a committee of senior officers drawn from intelligence agencies and state police to keep a close watch on the movement of essential commodities in the domestic and international markets. On Tuesday, Cabinet secretary P K Sinha took a review meeting on prices of such commodities and directed all these agencies to enforce stock limits...