-TheFederal.com Of the total public expenditure in agriculture, the Centre’s share fell from 50% to 37% between FY11 and FY20, while the states’ increased from 50% to 63% Fiscal federalism and Centre-state financial relations have always been a hotly discussed topic, with sharper debates arising in recent times. The total burden of public expenditure on the Central exchequer as a share of gross domestic project (GDP) has declined over the past decade,...
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Inflation is now the top concern: Reserve Bank of India
-The Telegraph Rising prices have now come to confront central banks globally, particularly after Russia’s invasion of Ukraine Mumbai: The RBI has brought inflation control to the forefront of its agenda. Pilloried for going soft on prices, the central bank sharply raised the inflation forecast for the year and warned it would withdraw its accommodative stance if inflation strayed too far away from the target. The RBI has been prioritising growth over inflation for...
More »Needed: Quality jobs for all -Amir Ullah Khan
-Deccan Herald Improving Workforce Participation Unemployment at 7.9%! Many may wonder why so much is made of a RATio that has been hovering between 6% and 8% since 2017. In India, when 7% lose their jobs, it means more than 40 million are without work. In December 2021, the CMIE informed us that 53 million Indians were unemployed. Assuming that each individual supports at least four other dependents in the household, it...
More »Rethinking agrarian suicides in India -Sthanu R Nair
-The New Indian Express First, existing studies have analysed the intensity of farmer suicides in isolation, i.e. without comparing farmer suicides with those by other professionals. Farmer suicides have always been a highly debated issue in the public discourse on agriculture sector performance in India. According to National Crime Records Bureau (NCRB) data, 3,58,164 people engaged in the farming profession have committed suicide in India from 1995 to 2019. Though these numbers...
More »Village common land cannot be sold: Supreme Court -Hitender Rao
-Hindustan Times No part of the village common land can be re-partitioned amongst the proprietors and such land would not be available for sale, the Supreme Court ruled Chandigarh: Thousands of acres of village common land (shamilat deh) in Haryana sold off by shareholders or gram panchayat for monetary gains would get freed with the owners being ousted following a Supreme Court ruling on Thursday. The shamilat deh is reserved and used...
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