-The Financial Express With the High Level Committee (HLC) on restructuring FCI pointing to a 47% leakage in the 55 million tonnes of grain distributed through ration shops, the only viable solution is to shut down the PDS as the HLC has recommended be done over a period of time. Not surprisingly, many have argued that, in states that have restructured their ration shop operations-such as Chhattisgarh-there has been a dramatic...
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Elite agri hub awaits nod -ASRP Mukesh
-The Telegraph Ranchi: A centre on the lines of Indian Agricultural Research Institute (IARI), Pusa, New Delhi, gifted to Jharkhand by the Modi government in its first budget in July 2014, is yet to sprout from state agriculture department's drawing board. In his maiden budget speech, Union finance minister Arun Jaitley allocated Rs 100 crore this fiscal for both Jharkhand and Assam for two agriculture centres in each of these states. But why...
More »State power sans public reason -Yogendra Yadav
-The Hindu The government's reasoning that the land ordinance was meant to extend the benefit of the new law to various types of land acquisitions left uncovered so far is disingenuous Democracy is an exercise in public reason. Democratically elected governments cannot simply throw around the weight of their majority. They have a responsibility to offer good reasons for their decisions. And they must do so publicly. That is why we follow...
More »India’s two-speed demography -Prachi Priya & Anuj Agarwal
-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...
More »Revisiting rural indebtedness - CP Chandrasekhar
-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
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