-TheWire.in The Modi government’s attempts to reshape the economy lie entirely in the financial realm; they come on the back of concerted efforts to strip workers of legal protection in not just the informal sector, but also the formal. The Narendra Modi government has made two major interventions in the economic sphere, demonetisation and the Goods and Services Tax (GST), with the ostensible aim of expanding the formal sector at the expense...
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Why MSP at 1.5 Times Cost Is Another Empty Promise for Farmers -Kabir Agarwal
-TheWire.in Arun Jaitley’s Budget speech was vague on the details, and closer inspection reveals that it was also misleading. Arun Jaitley, presenting his fourth Budget as finance minister, announced that he is fulfilling a promise made by his party in the election manifesto for the 2014 Lok Sabha elections – the promise of a minimum support price (MSP) that is 50% higher than farmers’ cost of production. “Government has decided to keep...
More »Don't believe the BJP and Congress claims that they're cleaning up poll funding -Milan Vaishnav
-ThePrint.in The larger lesson is clear: in an era when the Congress & the BJP can agree on next to nothing, they will gladly join hands to save their own skin. Among all the talk of the aam aadmi focus emerging from last week’s Budget, many people may have missed one of its most self-serving acts. This manoeuvre found no mention in the Union Finance Minister’s presentation itself, but was instead buried...
More »From plate to plough: The MSP smokescreen -Ashok Gulati & Ranjana Roy
-The Indian Express Government’s claim that it has given support prices that are 50 per cent over input costs to farmers is a sleight of hand. Tall talk could increase farmer resentment The finance minister (FM) has made a smart move by announcing in the Union budget speech that the government has already fulfilled its election promise of giving minimum support prices (MSPs) of at least 50 per cent higher than their...
More »For India's Farmers, Budget 2018 Is Nothing but a Hoax -Kirankumar Vissa
-TheWire.in The finance minister has made a big announcement on minimum support price, but he should make it clear whether all he is promising is to take the prices back to the UPA-II levels. The government has done it again. Like last year, there has been much hype about a pro-farmer Budget, but in actuality it rests on misleading claims which don’t address the farming crisis. Last year, the agriculture credit target...
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