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Finance ministry has a poor forecasting record -Sharmadha Srinivasan, Prakhar Misra and Niranjan Rajadhyaksha

-Livemint.com Given the over-optimistic revenue estimates and under-budgeted expenditure, the FinMin’s budget projections should be taken with a pinch of salt Dark clouds are gathering over the fiscal horizon. Finance minister Arun Jaitley will table an interim budget on 1 February—just weeks before India goes to polls. There’s a growing consensus among analysts that the government will miss its revenue target for the year, largely because the collections from the goods and services...

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ASER: Uptick in primary reading and maths, govt schools script turnaround -Sukrita Baruah and Uma Vishnu

-The Indian Express For the first time since 2010, slightly more than half (50.5%) of all children in Class 5 can read a Class 2 text book, up from 46.9% in 2012. Close to a decade since the Right to Education Act came into force and after years of flagging dismal learning levels, the latest Annual Status of Education Report (ASER 2018) holds a glimmer of hope. While most children in...

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Worst price slump in 18 years shows scale of farm crisis -Roshan Kishore

-Hindustan Times The agrarian crisis is one of the factors that may have resulted in the BJP’s loss in three Hindi heartland states of Chhattisgarh, Rajasthan and Madhya Pradesh in December, according to analysts, and the party clearly doesn’t want it to affect its prospects in the 2019 parliamentary elections. New Delhi: This financial year, 2018-19 could end up being the worst year for farm incomes in almost two decades, government data...

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36 years after law, girls still forced into devadasi custom -Prakash Kamat

-The Hindu With no will to enforce the 1982 Act, girls from marginalised communities in Karnataka are still trafficked Panaji: More than thirty-six years after the Karnataka Devadasis (Prohibition of Dedication) Act of 1982 was passed, the State government is yet to issue the rules for administering the law. Meanwhile the practice of dedicating young girls to temples as an offering to appease the gods persists not just in Karnataka, but has...

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The dynamics of India's rice export boom -CP Chandrasekhar & Jayati Ghosh

-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...

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