-Outlook In the last two decades, more than 300,000 farmers have ended their lives. What can be done? Indian agriculture is important as it feeds an estimated 1.3 billion population of the country and is also burdened with the responsibility of providing livelihoods to 60 per cent of the people — 780 million people. No foreign country can produce this mammoth quantity of food and supply to India nor any sector...
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Aadhaar-linked LPG: Govt says Rs 15,000 cr saved, survey says only Rs 14 cr in FY15 -Nitin Sethi
-Business Standard Research says Aadhaar was not necessary for de-duplication exercise What has been the net benefit that arose out of using Aadhaar within the Direct Benefits Transfer of liquefied petroleum gas (LPG) or PAHAL scheme as it is now called? Research done by the International Institute for Sustainable Development (IISD) says the benefit from Aadhaar in the scheme through de-duplication of records was at best limited to Rs 12-14 crore in...
More »A new paradigm for agriculture? -Ashwini K Swain and Gareth Price
-Livemint.com A growth-first approach may work in the short-term, but India needs to prioritize sustainability simultaneously The Union Budget 2016-17, seeking to “transform India”, has been hailed for its emphasis on agricultural growth and sustainability. Symbolically, the finance minister put “agriculture and farmers’ welfare” first in his nine-point agenda. The words “agriculture” and “farmer” found 20 and 32 mentions, respectively, in the budget speech, the highest in the last decade. On the...
More »Pretending to be pro-poor, little change over UPA -Arun Kumar
-The Tribune While giving concessions worth Rs.1,000 crore in the direct taxes paid by the rich, the government plans to net an extra Rs. 19,000 crore in indirect taxes, which are contributed by all. This reveals a regressive intent. Like all Union budgets, this one also is long on promises but hides the real dynamics, namely, how the resources are to be raised for the promised very substantial expenditures. The budget is...
More »Rich feed off subsidies worth over Rs. 1 lakh crore: Economic Survey -TCA Sharad Raghavan
-The Hindu “Commodities that are primarily consumed by the rich have a low tax rate” India’s rich feed off subsidies worth over Rs. 1 lakh crore a year that are meant for the poor, according to the Economic Survey. And this figure only considers the subsidies on six commodities, two public utilities — the Railways and electricity — and one small savings scheme, the Public Provident Fund. “There are a fair amount of...
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