-Livemint.com The budget to be presented on 1 February may be the last full budget of the Narendra Modi government unless it uses the opportunity to revive the economy The budget to be presented on 1 February will be the last full budget of this government. The budget in 2019 will only be a vote-on-account. But whether this will be the last full budget of the Narendra Modi government will depend on...
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Green Paper on Farmers, Farming & Rural Economy 2018: 4 Years - 4 Budgets: What Has This Central Government Delivered?
According to the document entitled Green Paper on Farmers, Farming & Rural Economy 2018: 4 Years - 4 Budgets: What Has This Central Government Delivered?, which has been prepared by Jai Kishan Andolan, Swaraj India, ASHA and Rythu Swarajya Vedika (published on 30 January, 2018): Far from giving farmers and farming ‘the highest priority’ during a period when they most needed the governmental support, the present NDA government has tried to...
More »Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)
-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
More »Facing the slowdown -Kaushik Basu
-The Indian Express India’s economy is not doing well. Only carefully crafted policy reforms can turn it around The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5 per cent, and there is reason to be concerned. That the economy would suffer a slowdown after demonetisation was inevitable, as all professional economists could see. But growth dropping to 5.7 per cent and 6.3 per cent in, respectively, the first...
More »Global crash, local glut hit Gujarat milk market -Gopal B Kateshiya & Harish Damodaran
-The Indian Express Dairy farmers in Gujarat, till recently, were relatively insulated from the crisis faced by those growing cotton, groundnut or potatoes. Rajkot/ New Delhi: AFTER COTTON and groundnut, it’s milk that is turning sour for Gujarat’s farmers. A crash in global skimmed milk powder (SMP) rates, coupled with surging procurement by dairy unions affiliated to the Gujarat Cooperative Milk Marketing Federation (GCMMF), has led to an unprecedented glut. In the last...
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