-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
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Narendra Modi government's farm policies off target: study
-The Hindu Report says it’s consumers who benefit from them more than farmers Despite the general perception that Indian farmers are beneficiaries of major subsidies, a new report says the overall effect of policy interventions between 2014 and 2016 is, in fact, a 6% annual reduction of gross farm revenues. Consumers, on the other hand, pay an average 25% less for commodities as a result of policy interventions. According to researchers at the...
More »Minimum Support Price for rice gave return of 50% over cost 13 times since 1996-97 -Roshan Kishore
-Hindustan Times The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all crops are at least 50% more than the projected A2+FL cost of production. New Delhi: The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all crops are at least 50% more than the projected A2+FL cost of production. Broadly speaking the A2+FL...
More »Odisha is breaking the patriarchy, one deed at a time -Ashwaq Masoodi
-Livemint.com Odisha is a front-runner in women’s land ownership, much of it owing to government policies from the 1980s. But has ownership led to empowerment? Surrounded by sun-drenched paddy fields interspersed with jackfruit and banana trees, Sanakusupadu is a hamlet in Odisha’s tribal-dominated district of Rayagada. Here, almost every married woman owns land. No matter how small the holding, land documents of the 62 households in this village bear the names of the...
More »GST, a buoyant force -Kapil Patidar & Arvind Subramanian
-The Indian Express Aggregate revenues have done well, despite headwinds, especially for less developed, consuming states One fiscal year into the implementation of the GST, it is worth asking how it has performed in terms of revenue generation both for the country and for individual states. And here the news, based on analysing nine full months of data, is encouraging. Three important and new points stand out. One, aggregate revenues are highly buoyant....
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