-The Indian Express Substantial number of interest subvention scheme loans are diverted to non-agricultural uses. Government must switch to an income-support subsidy regime The Union budget for 2016-17 has provisioned Rs 15,000 crore on account of interest subvention for short-term agricultural credit, up by Rs 2,000 crore over the revised estimate for FY16. The mere shifting of this line item from the department of financial services to the department of agriculture...
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At The Margins -Lola Nayar
-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...
More »MNREGA labour budget cut by 220 million person-days -Nitin Sethi
-Business Standard 2,170 million person-days planned for FY17, compared with 2,391 million person-days last year At a time when nearly half of India's 676 districts are grappling with a second consecutive year of drought, the government expects a decline in the demand for work under the flagship Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in 2016-17. The estimated number of days when people in rural India will be offered work under MGNREGS...
More »Aadhaar project: Last chance for a welfare state -Arghya Sengupta
-The Indian Express That’s what the Aadhaar Act is. It was rightly categorised as a money bill and is wrongly expected to double up as a privacy statute With the billionth Aadhaar number being issued, the Aadhaar project is well on its way to becoming the centrepiece for governance in India irrespective of which government is in power. To that extent, critical engagement with the Aadhaar act is an essential exercise...
More »Why India needs to show some spine -Leena Menghaney
-The Hindu In the area of intellectual property, public health and access to medicines, the Narendra Modi government should consider its independence to be of the utmost importance. Strong government leadership as well as flexible intellectual property systems are needed in order to effectively combat drug-resistant tuberculosis (DR-TB) and HIV and also antimicrobial resistance and non-communicable diseases. This is true not only for India but also countries which rely on affordable generic...
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