-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
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Delhi Declaration might downplay international finance institutions' role in mitigating desertification -Ishan Kukreti
-Down to Earth A key paragraph has been proposed for deletion in the draft declaration The Delhi Declaration, to be finalised and released on September 10, 2019, at the United Nations Convention to Combat Desertification’s (UNCCD) Conference of Parties (CoP) 14, might downplay many issues like the role of the international financial institutions and forest ecosystems. A draft of the Delhi Declaration has been accessed by Down to Earth. The draft is currently...
More »Explained: The idea of 'zero-budget' farming, and why scientists are sceptical -Yashee
-The Indian Express Addressing the 14th Conference of Parties (COP14) to the United Nations Convention to Combat Desertification (UNCCD) on Monday, Prime Minister Narendra Modi mentioned that India was "focusing on Zero Budget Natural Farming (ZBNF)". In her Budget speech, Finance Minister Nirmala Sitharaman had spoken of the need to “go back to basics”, and to “replicate this innovative model (that) can help in doubling our farmers’ INCome”. The National Academy of...
More »First time in 30 years, why NAFED faces challenge -Harish Damodaran
-The Indian Express NAFED has been tasked with purchasing all the apples that growers bring to sell at mandis in the Valley. A bumper crop, for which there would hardly be any private buyers with all the current movement restrictions, makes it all the more challenging. The National Agricultural Cooperative Marketing Federation of India (NAFED) has not bought a single kilogram of apples for the last three decades or more. “We did...
More »A wider deficit is unavoidable to strengthen demand -Ajit Ranade
-Livemint.com Thankfully, India is enjoying a demographic dividend that gives it greater leeway for deficit-financing The dominant consensus on the slowdown in India is that we have a demand problem. Lack of aggregate demand is a phrase that goes back to John Maynard Keynes. He is a ghost who reappears from time to time, however much one tries to bury him. Regardless of whether you are a Keynes devotee or not, his...
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