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Should the government loosen its purse strings? -Prashanth Perumal

-The Hindu As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away, many economic observers are now focused on what support the Centre can offer the economy, which is still struggling to recover from the pandemic. Some analysts believe that the government must keep its spending in check to prevent price rise from getting out of control. Retail inflation...

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Beyond India @75: Growth, Inclusion and Sustainability -S Mahendra Dev

-Indira Gandhi Institute of Development Research, Mumbai There have been many successes and failures in economic and social development of India in the last 75 years. The recent covid-19 pandemic had also an adverse impact on growth, employment, health and education etc. In this paper, issues and policies are discussed beyond India@75 for achieving growth, inclusion and development. As India is integrated with the world, global issues are also important for...

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The three farm laws were never a solution -Sudha Narayanan

-The Hindu True agricultural reform rests with local governments, and States need to go back to the basics and expert suggestions The recent announcement by the Prime Minister that the Union Government would seek to repeal the three Farm Laws in the winter session of Parliament has prompted diverse reactions. On November 29, the first day in Parliament, the Farm Laws Repeal Bill was passed in the Lok Sabha without discussion. These...

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Low rain spurred 10% of 1970-2000 migration increase: Report -Madhumita Paul

-Down to Earth Water shocks affect not only the number of people who move but also the skills they bring with them Rainfall variability is expected to be one of the contributing forces in migration, according to a new World Bank report released 23 August, 2021.  Rainfall deficit is linked to approximately 10 per cent of the increase in global migration between 1970 and 2000, the report said.  Water shocks affect not only the...

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Will the new e-commerce rules really favour consumers? -Prashanth Perumal

-The Hindu The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of Consumer Affairs, Food and Public Distribution came out with a list of proposed amendments to the Consumer Protection Act of 2019. These include appointment of a Chief Compliance Officer and a Resident Grievance Officer, provisions of fallback liability, registration of e-commerce entities and a ban on flash...

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