-The Financial Express In a bid to curb delays in settlement of claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the government on Tuesday asked states to release their share of subsidy along with the Centre so that farmers’ claim could be settled in a time-bound manner. “Number of states have withheld releasing their share of subsidy under PMFBY. Henceforth, we many not release our share (of subsidy) till states...
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Rural distress may lessen even as agriculture growth may stay flat -Sandip Das and Banikinkar Pattanayak
-The Financial Express The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term. A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five...
More »DeMo was ethically flawed -A Srinivas & Sandhya Rao
-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...
More »It's lonely on the ground -Christophe Jaffrelot & Basim U Nissa
-The Indian Express RTI Act needs to be protected against attempts to dilute it. RTI activists must be made less vulnerable In April, the government of India proposed amendments to the RTI Act, one of the most empowering pieces of legislation inherited from the UPA era. The most controversial amendment pertained to Rule 12. It would allow the withdrawal of an application in case of the applicant’s death, making the job of...
More »All three extreme events and the cause common
-The Telegraph New Delhi: The bouts of rainfall that battered Houston, Mumbai and Calcutta last week, albeit in vastly different amounts, may earn tags of extreme rain events that weather scientists say are becoming more common under the influence of global warming. The tropical storm Harvey set a record for continental US with 132cm rainfall about 45km southeast of Houston on August 29. Mumbai's Santa Cruz weather station documented 31cm rain over...
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