-The Indian Express Instead of embarking on a massive administrative exercise with uncertain benefits, it is possible to think of another combination of public interventions that would actually ensure minimum income to a much larger proportion of the population. The Congress party’s recent declaration that, if voted to power, it will seek to ensure a minimum income to 20 per cent of the poorest households in the country, is laudable in...
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Political meddling in economic data puts India's global reputation at risk, warn 108 leading experts
-Scroll.in They observed that data unfavourable to the government was getting revised or suppressed on the basis of questionable methodologies. A group of economists and social scientists on Thursday urged the Indian government to restore the integrity of statistical organisations as their national and global reputation was “at stake”. Any data unfavourable to the government “seems to get revised or suppressed on the basis of some questionable methodology”, they said, citing some...
More »Swaraj is the kisan's birthright and he should have it -Harish Damodaran
-The Indian Express Agrarian crisis is an opportunity, for the government that assumes office after elections, to enact a law giving farmers the right to sell any quantity of their produce to anybody, anywhere and at any time. The German obsession with sound currency has been conditioned by the collective memory of the Great Hyperinflation of 1922-23, just as American intolerance to double-digit unemployment and stock market crashes is traceable to...
More »How bankruptcy code can help fix India's agrarian crisis -Aishwarya Satija
-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable. Waivers may work as...
More »'Rainfed farmers are the most neglected'
-The Hindu Business Line Need to do more R&D in rainfed agriculture and bring in more policy perspective: Ashok Dalwai Even though rainfed agriculture contributes to 60 per cent of the value of agriculture GDP of India, there is a clear-cut bias towards irrigated areas when it comes to public investment in agriculture in the country. This neglect, together with unsuitable programme design, has ensured that potential of rain-fed areas remains unrealised, a...
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