-Newsclick.in The Modi Government’s sudden modification of the terms of reference via a presidential order on July 29 is an attempt to squeeze the revenue share of states, say Opposition leaders. New Delhi: The Narendra Modi government’s decision to change the terms of reference of the 15th Finance Commission through a Presidential Order is aimed at further squeezing the revenue share of states, without even consulting them, various finance ministers of non-BJP...
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NYAY: No bridge between two Indias -R Ramakumar
-Frontline.in A closer look at the Congress party’s proposed income transfer scheme. “Two Indias are being created. One of the rich and the other of the poor… we are going to bridge these two Indias. And we are going to make sure that this one India that is formed has opportunity for all…. The idea is that you take the India of opportunity, you grow that India. Then you take some of...
More »Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators
Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...
More »MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years
In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
More »Demonetisation and agrarian crisis exposed consequences of financial exclusion: Report
-PTI NEW DELHI: The sudden move to demonetise a bulk of Indian currency in circulation and the deteriorating agrarian distress in the country have exposed the consequences of financial exclusion, said a report released Tuesday. The India Exclusion Report 2017-18, brought out by Centre for Equity Studies (CES), said people's ability to spend, receive wages and survive depended crucially on whether they were part of the banking system or not after 84...
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