-TheWire.in Even as schemes have received minimal allocations, this budget signals an important shift in the political narrative. Gone is the focus on jobs, skills, aspirations and empowerment. Arun Jaitley had a difficult choice to make this budget. Maintain fiscal prudence or respond to growing demands for public expenditure in light of growing rural distress and at the same time keeping an eye on 2019. He did this today with great panache....
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How NDA compares with UPA on government workforce
-HowIndiaLives.com/ Livemint.com The number of government employees under UPA I fell 2.7% and under UPA II rose 3.4%. In the four years of NDA, their count is projected to increase 7.2% by 2017-18 For a government whose stated calling card is “minimum government, maximum governance”, for a government battling to create jobs, its own house paints another picture: in four years under this Bharatiya Janata Party-led National Democratic Alliance (NDA), the number...
More »Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)
-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
More »How India lost its historic agriculture recovery growth phase in just four years -Richard Mahapatra
-Down to Earth Government reports say 2004-14 had the highest agriculture growth that has fast slipped back to near-zero growth despite normal monsoons and bumper yields The National Democratic Alliance government is scrambling to rescue the agriculture sector from a crisis never seen before. On January 10, Prime Minister Narendra Modi met over 100 economists in a first ever such interaction. Agriculture, rural economy and unemployment dominated the discussions. Modi’s promise of...
More »Odisha planning to scrap minimum support price for minor forest produce -Ishan Kukreti
-Down to Earth Lack of profitability is one of the reasons cited for the proposal to do away with the scheme A proposal has been sent to the Odisha Chief Minister to do away with the minimum support price (MSP) for minor forest produce (MFP). Odisha’s SC & ST Development, Minority and Backward Classes Welfare Department has communicated to the Chief Minister’s Office regarding rolling back of the MSP on MFP. ...
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