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As money flowed back in, how goalposts were shifted -Manoj CG & Ravish Tiwari

-The Indian Express A scrutiny of RBI’s earlier provisional disclosures and the government’s structured public remarks reveal a pattern: aware that much of the money would return, the government and the political establishment kept shifting the goalposts. New Delhi: “Tab (previous UPA) aawaz uthti thi ki kitna gaya, ab aawaz uth rahi hai ki kitna laye. Isse bada jeevan ka santosh kya ho sakta hai…Yahi toh sahi kadam hai…Woh zamana tha tab...

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OBC reservation: 'Creamy layer' bar may be raised to Rs 8 lakh/ annum -Subodh Ghildiyal

-The Times of India NEW DELHI: A ministerial panel is learnt to be taking a final look at a proposal which seeks to raise the income bar defining "creamy layer" for OBC reservation to Rs 8 lakh per annum. The Cabinet note sent by the social justice ministry has been lying with the government for nearly one year and is in the final stages of approval. According to those in the know,...

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MS Swaminathan, father of India's Green Revolution, interviewed by Vidya Venkat (The Hindu)

-The Hindu Fifty years since the Green Revolution, the architect of the reform highlights the crisis facing Indian agriculture today It is 11 years since agronomist M.S. Swaminathan handed over his recommendations for improving the state of agriculture in India to the former United Progressive Alliance government, at the height of the Vidarbha farmer suicides crisis, but they are still to be implemented. To address the agrarian crisis and farmers’ unrest across...

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RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty

-Livemint.com The RBI survey for June 2017 shows people are as unhappy with their income growth, employment and economic well-being as they were before the Narendra Modi government came to power Perceptions matter. The government of the day will be able to garner more support if people feel their incomes are increasing or their employment prospects have improved. True, non-economic factors matter a lot and, throughout history, the ability to stage circuses...

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The illusion, the reality check -Pranab Bardhan

-The Indian Express Three years after the Modi government assumed office, the promise of job creation is unmet. The demon of corruption is not yet slayed As the triumphal march of the Modi-Shah juggernaut continues, smashing the feckless and disorganised Opposition on its way, it is useful to ponder over at least two of the grand hoaxes of the current regime over the last three years that have been impressively successful with...

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