-The Hindu On several significant items relating to the environment, allocations have remained stagnant or fallen In 1991, when the then Finance Minister Manmohan Singh ushered in Economic Reforms that catapulted India into the global economy, I had asked him how he intended to balance rapid economic growth with environmental protection. He said that the experience of the West is that once there is enough money in the economy through growth, it...
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Fix inverted tariff structures to boost industrial growth in India -C Veeramani and Anwesha Basu
-Livemint.com Correcting import-duty anomalies will attract foreign firms to set up assembly bases here and lift our global competitiveness A steady decline in import tariff rates in manufacturing industries had been an important feature of India’s Economic Reforms during the 1990s and 2000s. The average import tariff rate was reduced from about 84% in 1990 to the lowest-ever level of 8.6% in 2010. Consequently, imports of goods plus services as a percentage...
More »Farmers’ agitation will impact global trade -Devinder Sharma
-The Tribune Instead of leaving the farmers to face the vagaries of markets, which have pushed them globally into a debt trap, the demand for ensuring that no trading takes place below the MSP not only provides farmers with a safety net but it will also gradually become an economic design for the rest of the world to emulate. Across the globe, farmers are suffering the consequences of keeping farm-gate prices...
More »Reform for farmers needs to look at more than mere efficiency of agriculture markets -Nikhit Kumar Agrawal and Richa Kumar
-The Indian Express Considering the critical importance of agriculture for livelihoods, health, food security, and also keeping in mind the vulnerability of Indian farmers, it is necessary to go beyond reductionist expediency in considering agricultural reforms. In his speech on December 25, Prime Minister Narendra Modi said that the three controversial farm laws will finally deliver justice to the vast majority of small farmers who have been ignored by successive governments. As...
More »By amending Model Mandi Act, MP has pushed its agricultural sector into throes of uncertainty -Sunit Arora
-The Indian Express The state has posted high growth rates in the agricultural sector in recent years, but the growth has been skewed in favour of the state's irrigated parts and a small number of crops. Madhya Pradesh is primarily an agricultural state. One third of its gross state domestic product comes from this sector, half of the state’s area is used for cultivation, and 70 per cent of the total workers...
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