-The Indian Express The steep MEP will, in a way, stop all outbound shipment of onions from India. THE UNION government on Friday slapped a steep Minimum Export Price (MEP) of $ 850 per tonne on onions, virtually putting brakes on the export of the produce. This is the first time that a MEP has been imposed on onions this year. Simply put, henceforth exports will not be allowed if the consignments...
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India's GDP growth: New evidence for fresh beginnings -Arvind Subramanian
-The Indian Express Methodological changes have led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 and 2016-17. Actual growth is around 4.5 per cent. The promise of democracy is the periodic opportunity it creates for fresh beginnings. A government re-elected with such a resounding mandate should continue with the successful aspects of its economic policies. The most notable has been promoting economic inclusion via the public provision of...
More »Driving the poor man's ascension into a progressive state from a poverty-stricken one -Sandeep Vempati
-Financial Express If ever there was a beautiful word in Indian polity, it shall be none other than ‘poverty’. Existence of poverty, the necessary evil, ensured the Congress and various regional parties win elections after elections through rhetoric, albeit repeatedly but in different forms, and finding a page on their election manifestos. Did any of the ideologically opposite previous dispensations ever knocked the door of the poor man for eliminating the...
More »Promises to the farmers -Ashok Gulati & Ritika Juneja
-The Indian Express Whichever party comes to power at the Centre, India is making a policy shift to direct income support. The festival of democracy started with the first phase of polling on April 11. Ideally, it should be celebrated like Holi, forgetting past enmity and embracing each other with love. But, unfortunately, it is being fought like the battle of Kurukshetra in the epic, Mahabharata. All the weapons of politics...
More »Making sense of NYAY -Jean Dreze
-The Indian Express It is best read as a political promise for social security. There is more than one way of redeeming it Guaranteed minimum income is a powerful idea that has already made some headway in various countries. Some European countries, for instance, guarantee a minimum income to their citizens. This requires extensive data collection as well as an effective cadre of welfare officers and social workers tasked with enquiring...
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