-Down to Earth Corporate India gets indirect subsidy equivalent to 60 per cent of government expenditure on rural areas A recent analysis has revealed a shocking injustice being done consistently to rural India by the government with corporates getting subsidies at its expense. The Inclusive Media for Change, a New Delhi-based non-profit has analysed the last seven Union Budgets. It has found that indirect subsidy, termed as “tax expenditure” that was given...
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The changing politics of food price inflation -Sonal Varma and Aurodeep Nandi
-Livemint.com Linking MSPs to a multiple of costs and ignoring other dynamics, such as demand and global prices, risks creating distortions and disincentivizing productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food inflation low), to supporting producers (by raising food prices). In the 2018-19 Union Budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of...
More »Grid stability is key -Aditya Vora & Armin Rosencranz
-The Hindu The ambitious plan to help farmers earn from solar power generation hinges on small details Electricity is a major concern in rural India, especially for farmers. The Government of India has come up with an original plan to address this problem. Instead of transmitting electricity to the farmers, the government, to start with, wants farmers to use solar energy to power their irrigation pumps. According to the January 2018 report...
More »Doubling farmers' income discussed in a closed door meeting -Jitendra
-Down to Earth What is the use of strategy when no special budget was allocated to double farmers’ income, says a senior NITI Aayog official anonymously In a two-day closed door meeting on doubling farmers’ income, the government claimed that there is no lack of funds to implement a seven-point strategy devised to double farmers’ income by 2022. The national conference, Agriculture 2022 - Doubling Farmers’ Income, which ends today, hosts sessions...
More »Indian Labour Conference Postponed After RSS-Affiliated BMS Threatens To Boycott Prime Minister Narendra Modi
-Outlook “BMS decided to boycott ILC due to the centre’s anti-labour policies," RSS trade union President said. The Centre has indefinitely postponed the Indian Labour Conference to be inaugurated by Prime Minister Narendra Modi after RSS trade union BMS threatened to boycott it over the Union Budget that was “unsympathetic to labour and workers”. At the 47th ILC scheduled to be held on February 26 and 27, trade unions and employers were...
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