-Livemint.com Bank loans to rural India were the most affected, but other parts of the country also saw a deceleration in credit growth, RBI data shows It is, of course, well known that the growth of bank credit slowed in the second half of 2016-17 due to demonetisation. Reserve Bank of India (RBI) data shows that as on 30 September 2016, the annual rate of growth of bank credit was 12.1%. That...
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From plate to plough: Farm and the tax -Ashok Gulati & Siraj Hussain
-The Indian Express A smooth GST regime can break inter-state barriers on movement and facilitate direct linkages between processors and farmers After more than a decade of intense discussion and debate, the GST is finally becoming a reality. Although in its current form, it is not as perfect as was originally envisaged, yet it is being lauded as one of the most transformational reforms since 1991. Finance Minister Arun Jaitley was humble...
More »Mission 2022: The Challenges of Doubling Indian Farmer Incomes in Five Years -Vishavjeet Chaudhary and Gursharan Singh
-TheWire.in Raising productivity, reforming land policies and solving the remunerative price mess will require massive amounts of public investment and political will. Is the Modi government up to the task? The Niti Aayog recently came out with its ‘Three Year Action Agenda’ – a plan that covers a time period that is politically crucial as it leads up to the 2019 Lok Sabha elections. In its chapter on agriculture titled ‘Agriculture: Doubling Farmer’s...
More »A new economics for a better world -Simon Sweeney
-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...
More »Will Modi Be Able to Provide Housing For All? -Bilal Khan and Ane Gupta
-TheWire.in A number of internal loopholes within the Housing for All scheme seems to be denying housing to those who need it most. “We have a dream for 2022. The poorest of poor should have a house of his own. And that house must be equipped with electricity, water and other facilities. There should be hospitals and schools in the neighborhood”. This is what Prime Minister Narendra Modi said on the occasion...
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