-The Indian Express It took the National Biodiversity Authority (NBA) six years, 18 drafts and a prod from the National Green Tribunal (NGT) to finalise the Guidelines for Access and Benefit Sharing (ABS) this August. Three months on, it is yet to notify the rules that would allow it to collect from domestic and foreign companies 0.1-1 per cent of their ex-factory gross sales of products using biological resources and traditional...
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Why This Attack on MGNREGA?
-Economic and Political Weekly One knows who will suffer if the Narendra Modi government succeeds in weakening MGNREGA. The largest public employment programme the world has ever seen is in trouble. In 2013-14, 74 million individuals in 48 million households in rural India were employed under the Mahatma Gandhi National Rural Employment Guarantee Act programme (or MGNREGA as it is called), with each household on average finding work for 46 days. This...
More »Food law adrift as government trims grain purchases -Sanjeeb Mukherjee
-The Business Standard The NDA is looking to reduce fiscal deficit not by chopping social sector spending but by paring it down Finance Minister Arun Jaitley is fairly confident the government will meet this year's fiscal deficit target. At 4.1 per cent of gross domestic product the deficit looked looked like a bit of stretch in July but the food subsidy, for one, is not going to balloon as in previous years. The...
More »NC Saxena, Former secretary-Rural Development Ministry and former member of the NAC, interviewed by Aditi Phadnis
-The Business Standard NC Saxena, a former member of the National Advisory Council believes that the regulatory regime in the states continues to be oppressive. In an e-mailed interview with Aditi Phadnis, Saxena says that the fundamental problem in India is the low tax-GDP ratio and neither the last government nor the current one seems interested in increasing revenues. Edited excerpts: * The new government appears to be watering down a lot...
More »Internal remittances need focus -Jairam Ramesh
-Livemint Less than a third of internal remittances flow through formal institutional channels (like banks) and this where the use of Aadhaar can have a major positive impact India is the largest recipient of remittances from its workers abroad. It received close to $70 billion in 2013-14, which was about a not-insubstantial 3.5% of GDP (gross domestic product). About 30% of these remittances are from West Asia and another 30% or so...
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