-The Tribune The input costs of only chosen farmers are considered to decide the MSP. This is unfair to the farmers of the 'Granary of India' as their input costs are much higher than those of farmers from the rest of the country. In the Indian system, farmers are the only 'businessmen' who cannot set their own price for their products —foodgrains. Even a 'rehrhi-wala' sets his own price daily for whatever...
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An unexceptional economic performance -Pulapre Balakrishnan
-The Hindu It is now clear that the Indian economy is moving along a lower growth path At the end of May the Central Statistics Office (CSO) released much-awaited estimates of national income for the final quarter of the 2017-18 financial year. The timing coincided with the completion of four years in office of the National Democratic Alliance (NDA) government. In a propaganda blitz, surging through the Net, the government embraced the...
More »Farm, Fractured -V Kumara Swamy
-The Telegraph As Prime Minister Narendra Modi prepares to mark his fourth anniversary in power, V. Kumara Swamy takes stock of how hollow his promises to farmers have been. Will there be a price to pay? Hemant Patidar, a farmer, has been camping at the Mandsaur mandi in Madhya Pradesh with 15 quintals of “good quality” garlic for more than a week now. The price has been on a downslide for the...
More »An open letter to Finance Ministers -TM Thomas Isaac
-The Hindu Political alignments should not come in the way of defending the fiscal rights of States My fellow Finance Ministers in the States, I hope you will agree that the award of the Finance Commission is vital to State finances. Some of us who met initially at Thiruvananthapuram, Kerala, and later at Amaravati, Andhra Pradesh, are worried about the implications of the terms of reference (ToR) of the Finance Commission...
More »Fund fight: Why population became a sticking point for Centre and states
-The Times of India • What does the Finance Commission do? In India’s federal structure, taxation powers and obligations for various services — like law and order, health, education — are unequally shared between the Centre and the states. Hence, the Constitution mandates the setting up of a Finance Commission (FC) every five years to recommend how revenues from central taxes should be shared between the Centre and the states. A fair...
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