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Civil society presses for an increase in budgetary allocation for MGNREGA in FY 2020-21

-Press release by NREGA Sangharsh Morcha dated 27 January, 2020 As the Indian economy continues to languish, the government ignores the advice given by several noted economists, including that of the most recent Nobel winner Abhijit Banerjee, to improve the functioning of the National Rural Employment Guarantee Act (NREGA). The economy is facing blow after blow. India has the highest rates of unemployment in the past 45 years and food inflation...

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Green Bench seeks report on petition alleging groundwater contamination

-The Hindu Haryana pollution board told to file report within a month The National Green Tribunal (NGT) has directed the Haryana State Pollution Control Board (HSPCB) to furnish a report on a plea which alleged that waste water being discharged had damaged crops and contaminated groundwater. Taking note of a November 2019 report furnished by the pollution control board, a Bench headed by NGT chief Justice Adarsh Kumar Goel said, “Let further action...

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Government must engage in a collaborative effort with farmer groups -Ajay Vir Jakhar

-The Indian Express There is an ambiguous provision to levy income tax on “dairying”. Either the provision should be removed or it should be clarified that it does not include dairy farmers. Dairying is a pART of agriculture and as per the Constitution, it is a state subject. Those in power may not yet be accepting blame for the barrage of negative news on the state of the economy, but cracks are...

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Ex-Chief Statistician Pronab Sen: For data credibility, need to fix calendar for its release -Aanchal Magazine & Anil Sasi

-The Indian Express As of now, the government does have a calender for release of data sets such as national accounts, Index of Industrial Production and inflation. But there are no specific timeline for release of labour force statistics and consumption expenditure surveys. Putting in place a release calendar for all official economic data sets and ensuring their timely release is key to restoring the credibility of India’s statistics, according to Pronab...

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Will the Budget suspend the FRBM's fiscal deficit goals? -Ajit Ranade & NR Bhanumurthy

-The Hindu Any fiscal deficit needs to ideally redirect spending priorities to capital from consumption With revenue receipts lagging behind budget estimates and economic growth slowing sharply, there is a real risk of the Centre missing its fiscal deficit target this year. In a discussion moderated by Suresh Seshadri, N.R. Bhanumurthy and Ajit Ranade look at how the Union Budget may approach the fiscal balancing act in the face of a need...

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