-The Indian Express Debate around RBI-government stand-off ignores the structural cause behind India’s economic woes: Interest rates as an instrument cannot achieve multiple, contradictory goals. The stand-off between the Narendra Modi government and the Reserve Bank of India has generated a false discourse on the one hand and an illusion on the other. In this discourse, the RBI’s position, articulated by its deputy governor, is that central bank policy has to be...
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Lower soil moisture slows down pace of rabi crop cultivation
-The Hindu Business Line Wheat sowing only major aberration New Delhi: The THReat of lower soil moisture levels and delays in kharif harvests across States seem to be having an adverse impact on rabi sowing. Most crops barring one or two saw lower acreage under planting till the end of the week, according to data released by the Agriculture Ministry on Friday. During the current rabi season, farmers have planted only around 85...
More »PM-AASHA scheme falls flat; procurement backed by smart exports is need of the hour -Sanjay Kaul
-The Hindu Business Line A month into kharif arrivals, there has been no positive turn of events for farmers. Cereals, pulses and oilseeds are selling well below the Minimum Support Price (MSP) in mandis. The government seems to have failed them with the shoddily designed PM-AASHA scheme and its inadequate implementation till now. Immediate steps are required to prevent a recurrence of farmers’ anger spilling onto the streets. The umbrella policy Pradhan...
More »Our real ranking: Highest statue in the world -- and other sad tales of rising India -Kanti Bajpai
-The Times of India blog Apparently, we should be proud that India has the highest statue in the world – taller than anything the US and China possess. Poor Sardar Patel – his memory invoked in such a schoolboy way. A giant leader, with all his strengths and weaknesses, represented by a monstrous metal emblem of rising India. As we think about the tallest statue in the world, we should also remember...
More »Green tax helped Delhi collect hundreds of crores for buses. So where are they? -Priyamvada Grover
-ThePrint.in The Arvind Kejriwal govt is believed to have collected around Rs 1,800 cr till September 2018, but Delhi is yet to get new buses. New Delhi: The winter months are back with the suffocating blanket of smog that has now become a Delhi fixture, but crucial steps that can help check the capital’s notorious pollution problem continue to hang fire. A fund running into hundreds of crores of rupees is reportedly lying...
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