-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
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The permanence of temporary workers -Narendar Pani
-The Hindu Business Line The unique needs of those who work in cities even as they maintain homes in the village must be addressed by policymakers Cities bring with them a sense of permanence. Many of them have been around for hundreds of years. Some of their more memorable institutions too tend to have long histories. It is no surprise, then, that most of urban policy takes aspects of a city to...
More »Mid-day meal and housing schemes might get a facelift -Mayank Mishra
-Business Standard A recent report suggests different ways to eliminate poverty and argues that accelerated growth is the most suitable medicine to reduce incidence of poverty Adding some and modifying some others is how the National Democratic Alliance (NDA) government is planning to go about its welfare programmes in the coming days. While the Mid-Day Meal Scheme (MDMS) is likely to be extended to some private schools, the Mahatma Gandhi National Rural...
More »Just another trivial Budget -Ashok V Desai
-The Hindu The Finance Minister’s prescriptions are a classic case of being unable to see the wood for the trees, be it on the tax proposals, the rural outreach or the bank bailout. It was a marathon achievement: 12,187 words in 111 minutes. True, there were no interruptions; the Finance Minister virtually sent the House to sleep. I have listened to many Budget speeches; and I cannot say that Dr. Manmohan Singh...
More »Budget likely to focus on rural-economy schemes to blunt farm crisis -Zia Haq
-Hindustan Times The Modi government is looking to address a worrying agrarian crisis with a set of schemes and Budget provisions aimed at ramping up the larger rural economy, rather than just the farm sector, people familiar with the development told HT. Budget 2015-2016 is likely to provide for a more effective Pradhan Mantri Krishi Sinchayin Yojana, a flagship scheme announced last year to create irrigation infrastructure, with substantially higher allocations. The...
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