-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
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Food sector reform: Tackling the runaway food inflation train
-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
More »Thanks to Sarva Shiksha Abhiyaan and Anganwadi system, more and more village girls are going to school -Abheek Barman
-The Economic Times As elections approach and the campaign gets shriller, the UPA and opposition parties are in the market for talking points to pin each other down. The BJP gloats that it created more jobs in its five years than UPA-I managed to create between 2004 and 2009. This is correct: between 1999-2000 and 2004-05 when the BJP was in power, the total number of jobs went up by a little...
More »Missing jobs
-The Indian Express To address the crisis of rising unemployment, first fix labour laws. That there haven't been too many protests against the elevated levels of consumer price inflation for several years probably has to do with the number of jobs being created. While UPA 1 had a poor track record, and only 3 million new jobs were created between 2004-05 and 2009-10, National Sample Survey (NSS) data shows the situation improved...
More »How Chhattisgarh managed to achieve and look beyond roti, kapda and makaan-Raman Singh
-The Economic Times I have often been asked how Chhattisgarh manages the contradictory pulls of sound fiscal health and welfare schemes. How did we manage to roll out food and nutrition security to not just the most needy among us but to almost the entire population of a state that has had a history of malnutrition and neglect, without jeopardising Chhattisgarh's finances? As finance minister for the last eight years, I have...
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