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NITI Aayog plays safe on poverty -Sanjeeb Mukherjee & Indivjal Dhasmana

-Business Standard Not to estimate poverty lines or absolute numbers; will take these from ongoing socio-eco caste census done by states, focus on impact of programmes Taking note of some hard lessons learnt by its predecessor, the National Institution for Transforming India (NITI) Aayog would not estimate either poverty lines or the number of the poor in the country. The erstwhile Planning Commission, replaced by the Aayog, had got into a big controversy...

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Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra

-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...

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Cash vs kind -Rohini Somanathan and Anders Kjelsrud

-The Indian Express Given indicators that the government is considering moving to cash transfers and replacing the public distribution system (PDS), and the release of the Shanta Kumar Committee report, the debate on how best to provide food security has been rekindled. The report has a careful analysis of the sources of inefficiency at various stages of the procurement, storage and distribution system. Especially heartening is the admission that the Food...

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Food Sufficiency in India: Addressing the Data Gaps -S Chandrasekhar and Vijay Laxmi Pandey

-Economic and Political Weekly The National Sample Survey Office's survey of consumption expenditure is woefully inadequate for estimating the number of food-insecure households in India. Future surveys of NSSO need to collect information on the four pillars of food security: availability, access, nutritional adequacy/utilisation and stability. The Comprehensive Nutrition Survey in Maharashtra is an example of such a survey and appears to do a decent job of capturing the different elements...

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No clean slate -Arvind Virmani

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

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