-The Hindu Business Line It has potential to curb inflation and ensure competitive prices to growers The agricultural marketing system in the country has come a long way since Independence. It has moved through various stages such as regulations and reforms. Now, the time has come to establish a barrier-free market operating beyond State boundaries. A National Agricultural Market with potential to curtail inflation and ensure competitive prices to producers has also been...
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Government calls all-party meet to relook on Land Acquisition Act
-The Economic Times Most state governments have sought a relook at UPA's Land Acquisition Rehabilitation and Resettlement Act, 2013, pushing the Centre into convening an all-party meet, probably as early as the next fortnight. A consensus at the meeting of all parties heading state governments will let the Centre amend the law in the current monsoon session itself. This revision of the land law is imperative for the Centre to execute major infrastructure...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »The good is in the detail -S Gurumurthy
-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
More »No going back on MGNREGA -Nikhil Dey and Aruna Roy
-The Indian Express The budget will reveal whether the BJP is committed to this transformative programme. Mohandas Pai, currently an advisor to the BJP government in Rajasthan, was asked on television how the government could "control" social sector expenditure, more specifically on the MGNREGA. He answered that the NDA should simply learn from and follow former Union minister P. Chidambaram's policy of "benign neglect". Clarifying further, he explained how the UPA...
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