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Does good monsoon mean big consumption boost? -Mayank Mishra

-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...

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Yogendra Yadav, political scientist and co-founder of non-profit Swaraj Abhiyan, speaks to Livemint

-Livemint.com New Delhi: Back from a walk through drought-affected parts of the country, Yogendra Yadav, political scientist and co-founder of non-profit Swaraj Abhiyan, speaks on state compliance of Supreme Court orders, a booming private water market in Marathwada, and why farmer movements are weakest at a time when agrarian distress is at its peak. Edited excerpts from an interview: * You just came back from a trip to Bundelkhand and Marathwada. What...

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Flaws in many rural development plans -Sanjeeb Mukherjee

-Business Standard Official panel points to bid deficiencies in rural job guarantee, pensions, housing and other programmes Wage payment delays are a distressing feature of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), an official panel says. This has to be adequately addressed, by  the Centre and states, to keep the programme’s spirit alive, it has said. It and some other findings of concern are the result of a multi-state Common Review...

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Unseeing the drought -Harsh Mander

-The Indian Express The suffering of millions does not create public outrage, much less government accountability. The people of India’s villages carry collective memories of centuries of calamitous losses of sometimes millions of lives in famines. Famines have been pushed into history, unarguably one of free India’s greatest accomplishments. But the same can’t be said about droughts, which continue to extract an enormous toll on human suffering. At least a third of the...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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