-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...
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Finance ministry has a poor forecasting record -Sharmadha Srinivasan, Prakhar Misra and Niranjan Rajadhyaksha
-Livemint.com Given the over-optimistic revenue estimates and under-budgeted expenditure, the FinMin’s budget projections should be taken with a pinch of salt Dark clouds are gathering over the fiscal horizon. Finance minister Arun Jaitley will table an interim budget on 1 February—just weeks before India goes to polls. There’s a growing consensus among analysts that the government will miss its revenue target for the year, largely because the collections from the goods and services...
More »Right to Food Campaign criticizes Jharkhand Government's move to reduce the number of eggs in School Midday Meals
-Press release by Right to Food Campaign dated 16th January, 2019 It is shocking to learn that Jharkhand Government has decided to reduce the number of weekly eggs in school midday meals from THRee to two. Earlier, the government allotted Rs 4 per egg. With increase in price of eggs, it has revised the allotment to Rs 6 per egg. But instead of increasing the total budget commensurately with the inflation...
More »Chhattisgarh government adds eggs to mid-day meal menu to increase protein intake
-Scroll.in The government said milk can substitute eggs if the children or their parents object. The Chhattisgarh government on Tuesday announced its decision to introduce eggs into the menu of mid-day meals served across the state. Officials said that eggs can be substituted with milk or other protein-rich products if the children or their parents do not approve of consuming eggs. A government circular said officials got samples of mid-day meals from 66...
More »Universal Basic Income can be funded by reducing subsidies to the rich -Pranab Bardhan
-The Indian Express I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn. After my last op-ed in this paper (The safety net of the future) several readers, intrigued by the idea of a Universal Basic Income Supplement (UBIS) proposed...
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