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Food Prices may be subdued, but only for a while -Surabhi

-The Hindu Business Line Despite a lively debate in recent weeks on whether Food Prices have now moved to being structurally low, analysts believe that this is only a transient phenomenon and Food Prices, on a sequential basis, have already begun to rise. Retail inflation may be at an 18-month low but prices, especially of food items, are likely to see a pick-up over the next few months with average inflation expected...

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Resources for Welfare Expenditure -Prabhat Patnaik

-Networkideas.org The basic income scheme that is in the air these days, which amounts to handing over a certain sum of money to every household to ensure that it reaches a threshold cash income, is an extremely flawed scheme. Instead of enjoining upon the state the obligation to provide essential goods and services like food, education, and health, to its citizens, it absolves the State of all such responsibility, once it...

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Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati

-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...

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How to make Direct Benefit Transfers work for the people -Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar

-IDRonline.org Replacing India's Public Distribution System with Direct Benefit Transfers will improve efficiency, but shouldn't be implemented at the cost of individual choice. The Public Distribution System (PDS) is India’s flagship food security programme but also suffers from well-known inefficiencies. Even official government estimates suggest that a large share of public spending on the PDS does not reach intended beneficiaries. Thus, the idea of Direct Benefits Transfer (DBT) in lieu of subsidised...

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No budget for farmers -Ashok Gulati

-The Indian Express Direct income support for farmers is too late, too little The hopes of farmers for a meaningful package from the Modi government have evaporated after the announcements in the Union budget. The proposed Rs 6,000 annual direct income support to small and marginal farmers is a drop in the ocean. States like Telangana and Odisha have done much better with their Rythu Bandhu and Kalia schemes respectively. After...

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