-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and wholesale price index (WPI) levels in the past...
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Whose forests are these anyway? -Neera Singh
-The Indian Express The current bill does not take into account any of the criticism voiced against an earlier version, proposed under the UPA government in 2013; it continues to ignore the Forest Rights Act. A recent controversial bill that outlines a framework for the utilisation of compensatory afforestation funds is being strongly contested and challenged by civil society actors. It raises important questions that are fundamentally connected to forests: Whose...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
More »Health Protection Scheme: Still more work needed -Meenakshi Datta Ghosh
-The Hindu It is critical that the HPS is finalised after considering possible distortions in medical insurance schemes and looking at models that have worked. The Health Protection Scheme (HPS) that was announced in the Union Budget 2016 is more generous than the earlier scheme, the Rashtriya Swasthya Bima Yojana (RSBY). Poor households now get an annual health cover of Rs.1 lakh; the limit under RSBY was Rs.30,000. In principle, the HPS...
More »Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
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