-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....
More »SEARCH RESULT
New Finance Commission may penalise states for bad show in schemes -Subhomoy Bhattacharjee
-Business Standard The Commission says incentives for states will be decided, among others, by "control or lack of it in incurring expenditure on populist measures" New Delhi: States offering debt waivers or slipping on centrally funded programmes, such as Swacch Bharat, could get penalised, according to the terms set for the 15th Finance Commission. The terms of reference of the Commission, set up by the central government this week, makes these conditions...
More »Agriculture Crisis Grips 'Model' Gujarat -Prudhviraj Rupawat
-Newsclick.in Agricultural output is stagnating, farmers’ debt and suicides are rising, 35% cultivators have abandoned farming – gujarat’s development model has betrayed farmers Here are some facts about the state of agriculture in Gujarat, often described by BJP as the crucible for ‘model’ governance and development: Between 2001 and 2011, the number of cultivators in Gujarat fell by 355,181, the bulk of which was marginal cultivators (those who cultivate only up to...
More »Jean Dreze, development economist, interviewed by Down to Earth
-Down to Earth Jean Dreze on why he prefers a solidarity society, rather than a welfare state * Are you actually an advocate of the welfare state? Ideally, I would prefer to think in terms of a solidarity society rather than welfare state, for two reasons. First, private non-profit institutions can play a very useful role in the social sector. In many countries, some of the best schools and health centres are run...
More »Onion tears and how to wipe them -Ashok Gulati & Siraj Hussain
-The Indian Express Onion farmers have suffered even in a bumper crop year. Needed: Scientific storage facilities, a judicious trade policy. Onions are, once again, in the news. Last week, retail prices touched Rs 50/kg in several markets, and wholesale prices touched Rs 30/kg in major onion markets like Lasalgaon in Maharashtra. This is not the first time that onion prices have spiked. Almost every alternate year, this roller-coaster of boom and...
More »