-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...
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Why Aadhaar cannot deliver anything it promises -Anupam Saraph
-The Economic Times Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Aadhaar promises to remove duplicates and ghosts from government databases, deliver subsidies to beneficiaries, collect taxes, provide financial inclusion and eliminate corruption. Here is why it cannot deliver anything it promises. Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Promise 1: Removing Fraud and Duplicates In...
More »Delhi's power subsidy policy helps rich more than poor: Study -Sanjay Dutta
-The Times of India NEW DELHI: The Delhi government's policy to subsidise power for households is undoubtedly among the most generous in the country but it is benefiting the rich more than the poor due to inefficiencies. While poor households on an average get subsidy of around Rs 1,000 per year as they consume less electricity, rich households end up benefiting by Rs 9,000 on account of fatter power bills, a Brookings...
More »No Country For Maharashtra's Dryland Farmers -Milind Murugkar
-TheWire.in Falling prices and a lack of adequate procurement centres have left tur producers grasping for a way out. The chief minister of Maharashtra is sending disturbing political signals to dryland farmers in his state. His recent statement, which was aimed at reassuring tur (arhar) producers in the state, says that in order to help farmers who are bearing the brunt of a fall in its prices below the minimum support price...
More »Demonetisation and the GDP: knock-out punch or mild tap? -Aarati Krishnan
-The Hindu The CSO has been consistent with its methods, allowing little room for suspicion of window dressing. Did demonetisation deal a knock-out punch to the Indian economy? Or was it just a mild tap from which it is already recovering? This debate should have been settled with the latest second advance estimates from the Central Statistics Office (CSO) which peg FY17 GDP growth at 7.1%. But commentators who believe that the economy...
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