Remember Arjun Sengupta Committee Report? It’s the same report which put paid to government’s shifting poverty estimates by asserting that almost 80% Indian survive on less than Rs 20 per day. Known as the National Commission for Enterprises in the Unorganized Sector (NCEUS), the report has gone missing from the public domain. The official website of NCEUS is no more working: http://nceus.gov.in, raising doubts regarding someone, somewhere trying to hide...
More »SEARCH RESULT
FDI in retail must be measured by benefits for consumer & economy, not just for farmers
-The Economic Times The recent decision of the government to allow FDI in multi-brand retail trade has attracted heated debate and emotive reactions. Though the main consideration for allowing FDI in retail is not its benefit for Farm Sector, the debate has predominantly focused on threats and benefits to the country's farmers and the Farm Sector. Interestingly, the main stakeholders, i.e., farmers, have not reacted much to the policy decision and...
More »Rural prosperity no mirage; real rural wages have grown 6.8% each year in last 4 years-A Gulati and AK Jena
-The Economic Times Every concerned and right-thinking citizen of this country wants poverty to be reduced as early as possible. Governments and policymakers have given assurances, time and again, that they are making their earnest efforts in that direction. Yet, there is a big debate in the country, ranging from the very definition of poverty to the number of people below the poverty line. Some academic stalwarts have devoted almost their whole...
More »A dangerous intervention
-The Business Standard Skimmed milk powder 'buffer' might raise prices The government’s proposal that a buffer stock of skimmed milk powder (SMP) be created in order to minimise volatility in milk prices is so unsound a proposition that it should be shelved. The proposal, sent to the inter-ministerial group on inflation by the food ministry, involves keeping a reserve stock of SMP with milk-processing units by offering them a handsome subsidy. The...
More »Let’s not overrate foreign investment -Pulapre Balakrishnan
-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
More »