Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and food price inflation. This can prove costly to the economy, reminiscent of the...

-The Hindu Business Line New Delhi: The issue of one poverty number continues to absorb the NITI Aayog, and indications are that its task force on elimination of poverty will suggest having separate indicators for different social schemes such as health and housing. “A debate has been on within the task force on whether there should be one poverty number or separate indicators for different schemes… Discussions are also taking place on...

-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...

-The Hindu Business Line Says more responses on ‘Free Basics’ than actual Consultation Paper The Telecom Regulatory Authority of India (TRAI) has been stumped by the nature of responses it received on its discussion for ‘Differential Pricing for Data Services’. Rather than expressing views around ‘differential pricing for data services’, majority of the responses have centred around comments on Facebook’s ‘Free Basics’ campaign for free internet for all. Not satisfied with such ‘invalid’ answers,...