-The Hindu In a pre-election Budget, Finance Minister Arun Jaitley serves up a mix of populism and prudence With a clear eye on the Lok Sabha election, Union Finance Minister Arun Jaitley pulled out all the stops in the Narendra Modi government’s last full Budget to promise a better deal for farmers, boost the rural economy and make the poor less vulnerable to health exigencies. Responding to the distress in the agriculture sector...
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Despite having a food security legislation, spending on food subsidy is low
Recent data from the National Family Health Survey-4 (NFHS-4) shows that about one-third of children in India is undernourished – 35.7 percent children below 5 years are underweight (too thin for age), 38.4 percent are stunted (too short for age) and 21.0 percent are wasted (too thin for height). It is also revealed that the level of anaemia among women and girls (aged 15-49 years) has stagnated marginally over the...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Aadhaar and Food Security in Jharkhand: Pain without Gain? -Jean Dreze, Nazar Khalid, Reetika Khera and Anmol Somanchi
-Economic and Political Weekly Aadhaar-based biometric authentication is now compulsory for most users of the public distribution system in Jharkhand. Based on a recent household survey, this paper examines various issues related to this measure, including exclusion problems, Transaction Costs, and its impact on corruption. The findings raise serious questions about the appropriateness of this technology for rural Jharkhand. Please click here to read more. ...
More »Govt's ambitious fertilizer subsidy reform plan -R Sree Ram
-Livemint.com Overall, while the government is trying to reform the fertilizer subsidy payment mechanism, the challenge is to make sure the new system works before implementation Union minister for chemicals and fertilizers Ananth Kumar’s ambitious plan to clear the fertilizer subsidy backlog before the implementation of the direct benefit transfer (DBT) scheme next fiscal year (FY19) has come as surprise to many. The huge subsidy backlog (estimated at Rs35,000 crore as of FY17)...
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