-TheWire.in In the last four years, a total of Rs 1,050.68 crore was given to Punjab, of which Rs 235 crore was released in the financial year 2021-22; however, the field fires are far from over in the state. Chandigarh: Despite the Union government spending over Rs 2,000 crore to tackle stubble burning over the last four years, the issue continues to smother north India, leading to severe dips in air quality...
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Centre vs Punjab: Farmers miss out on incentive to not burn stubble -Vivek Mishra
-Down to Earth Thrice GoI has returned Punjab’s proposal of giving Rs 2,500 per acre to small, marginal farmers even as they demand Rs 6,000 per acre As many as 361,850 small and marginal farmers in Punjab did not receive state incentives for stubble management in the last one year due to paucity of funds. The northern state’s request for financial stimulus to pay this incentive was turned down by the...
More »Why PM-CARES Is a 'Government Fund' and Well Within RTI Purview -Gaurav Vivek Bhatnagar
-TheWire.in The Union government submitted before Delhi high court that PM CARES Fund is “not a fund of Government of India and the amount does not go in the Consolidated Fund of India”. While there is enough information already in the public domain to assert that PM-CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situation Fund) is controlled by the Government of India, the Union government still wants to maintain...
More »Economic lessons for India from the Evergrande crisis in China -Vivek Kaul
-Livemint.com Real estate must contribute more to our economy and that calls for sectoral reforms and cheap homes Over the past few weeks, the financial and economic world has been worried about the likely collapse of Evergrande, the world’s most-indebted real estate company. At the same time, the bigger issue of China’s dependence for growth on its real-estate sector remains. In a working paper titled, Peak China Housing, Kenneth S. Rogoff and Yuanchen...
More »How pulses can regain their lost glory in India -Shagun Kapil, Vivek Mishra, Raju Sajwan, Anil Ashwani Sharma and Bhagirath
-Down to Earth Ensuring that pulses sell at the minimum support price and distributing them under the public distribution system can help them find favour with farmers again When India went into its first lockdown in 2020, the government announced Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), under which over 800 million people were to be provided rice, wheat, and pulses, in addition to the ration provided under the public distribution system...
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