-Down to Earth Incentivising farmers to sell solar power as a remunerative crop can help reduce the usage of diesel pumps The irrigation-energy nexus in India's agriculture sector is characterised primarily by depleting groundwater and a growing debt burden of power distribution companies (DISCOM). This is due to massive power subsidies that remain underfunded by the states. The Government of India (GoI) has been promoting solar irrigation pumps by offering substantial investment...
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30 Years of Economic Reforms – A Saga of Growing Inequalities -Prabhat Patnaik
-Newsclick.in The votaries of economic reforms miss the point that while it may have increased GDP growth rate, it has worsened the conditions of the working people. It is 30 years since India adopted neoliberal policies in 1991, though some would date their introduction even earlier to 1985. Newspapers are full of assessments of the impact of these policies on the economy, and liberalisers from Manmohan Singh downward, have suddenly become visible,...
More »A Long Food Movement: Transforming Food Systems by 2045
-Press release by International Panel of Experts on Sustainable Food Systems dated 30th March, 2021 * New report sounds alarm on control of food tech, farming data, and corporate takeover of UN multilateral agencies. * Civil society and social movements can fight back, boosting post-pandemic resilience, slashing agriculture’s GHG emissions by 75%, and shifting $4 trillion to sustainable food and farming. The future planned by agribusiness giants could accelerate environmental breakdown and jeopardize...
More »Are We Staring at Another Phase of Dilution of PDS in India? -Shinzani Jain
-Newsclick.in The NITI Aayog recommendations to reduce coverage under the NFSA are in tandem with liberalisation of agriculture pushed forward by the government with the passage of three farm laws. On February 28, 2020, it was reported that the central government’s think tank, NITI Aayog, in a discussion paper recommended a revision in the coverage of urban and rural populations under the National Food Security Act (NFSA), 2013 to generate annual savings...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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