-Hindustan Times A dominant feature of the first year of Narendra Modi's leadership is the quiet dismantling of India's imperfectly realised framework of welfare and rights, covertly, by stealth. A declared pro-corporate agenda, such as the land acquisition ordinance, proved politically messy and costly. Therefore, the government resorted instead for an enfeebling of the welfare architecture of the country through a combination of fiscal withdrawals, ignoring even legally mandated obligations. But this attracted...
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With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
More »If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha
-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...
More »Revamping public procurement -Mukul G Asher, Tarun Sharma & Shahana Sheikh
-The Hindu A properly designed and implemented procurement law is long overdue. It can improve financial management, and bring large financial and governance benefits Finance Minister Arun Jaitley’s 2015-16 budget speech signalled the government’s commitment to formally legalise India’s public procurement system as a part of its continuing reforms in public financial management. Following this, the Ministry of Finance is seeking suggestions to refine the Public Procurement Bill of 2012, introduced by...
More »Monsoon calling -Vinson Kurian
-The Hindu Business Line The recent devastation of crops shows that the Indian economy continues to be a ‘gamble’ on the rain. But can India Meteorological Department’s new model make it predictable? Moisture wrecks a farmer's life. Since February this year, lakhs of farmers across 14 states were left with damaged crops. Unseasonal rains destroyed crops on 11 million hectares spread over Rajasthan, Uttar Pradesh, Haryana, Madhya Pradesh, Maharashtra and Punjab....
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