-The Business Standard Budget underestimates food, fertiliser subsidies If the projections in the 2013-14 Budget are to be believed, subsidies on food and fertiliser which, along with petroleum subsidy, account for nearly 95 per cent of total subsidies are unlikely to rise much in the next financial year. This prognosis, reflected in an increase of just Rs 5,000 crore in food subsidy allocation and no change in the fertiliser subsidy, is odd;...

-The Hindu While the people of Jammu & Kashmir have a deep-rooted mistrust of state institutions, there are also substantive and unacceptable provisions in the proposed legislation While much of the country is focused on the Budget and its implications for the economy and individual pocketbooks, Kashmir is focused, with much trepidation, on a draft police reform bill. This in itself gives one a sense of the disconnect that exists between Kashmir...

-Outlook Ranchi: CPI (M) General Secretary Prakash Karat today called for an immediate end to the "division" of people on the lines of below poverty line, above poverty line, and advocated for universal Public Distribution System (PDS). "Now the people are being divided and are given ration cards on the lines of BPL, APL and Antyodaya, which should be stopped immediately," Karat said at a meeting of the party's Sangharsh Sandesh Jatha...

-Economic and Political Weekly Before I take issue with some of the points made in the NIPFP response to this comment, it may be useful to recapitulate a few points on which there appears to be agreement: (1) Aadhaar-integration can resolve only certain types of leakages, for which reliable data is unavailable; this was not adequately accounted for in the cost-benefit exercise; (2) the NIPFP study has a fragile basis (in...

-The Hindu “The purpose of a Budget – and the job of a Finance Minister,” P. Chidambaram declared in his speech, “is to create the economic space and find the resources to achieve the socio economic objectives.” Now that the presentation of and the spate of initial responses to the Budget are behind us, it may be appropriate to ask how far the Minister went in accomplishing his self-defined task. Mr. Chidambaram...