-The Indian Express All such investments will go a long way to augment farmers’ incomes in a sustainable manner. Else, I am afraid, much of the talk in the Union budget for agri-reforms will remain mere rhetoric. Although the Union budget is basically an accounting exercise of revenues and expenditures for the coming year, economy-watchers anxiously wait for the finance minister to announce major economic reforms. In that sense, the budget of...
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'Give states the power to fix seed prices, royalties' -KV Kurmanath
-The Hindu Business Line The seeds regime should protect farmers’ interests, says Alliance for Sustainable and Holistic Agriculture Hyderabad: The Alliance for Sustainable and Holistic Agriculture (ASHA) has called for a seed regime that would protect the farmer’s right to breed, select, save, use, exchange, distribute and sell seeds. The regime should also encourage agro-diversity to ensure sustainable agriculture and resilience to climate change stresses. Referring to reports on the proposed amendments to...
More »Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra
-The Indian Express A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. Finance Minister Nirmala Sitharaman’s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration. According to reports, the government has cut the...
More »What the Centre really needs to do if it wants to tackle the economic slowdown -Amiya Kumar Bagchi
-TheWire.in Both the Modi government and former Prime Minister Manmohan Singh are ignoring one crucial aspect of reviving the economy: raising effective demand. Only a few weeks ago, the central government was talking grandly about India reaching a $5-trillion economy and refusing to recognise the severe slowdown India is going through. (This is not such a grand ambition when compared with China, which is often portrayed as India’s competitor, because by 2025,...
More »Getting the economy to turn around -Ajay Shankar
-The Hindu Business Line Lowering the Exchange Rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the...
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