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Laying the ground

-The Hindu Business Line The Budget’s agriculture focus is welcome, but it could have done better A Budget with a purported focus on agriculture could not have come at a better time. There has been a sharp dip in agriculture output from a trend rate of growth of 4 per cent per annum in the period 2004-05 to 2011-12 to about 1.5 per cent in the next four years, which includes a...

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Unhealthy Budget: Tokenism in the name of catastrophe -Indranil Mukhopadhyay

-The Hindu Business Line The proposed investment in healthcare is inadequate Budget 2015 was catastrophic for health, as investments tanked to a historic low. Against that backdrop, when the Finance Minister talks about MEAsures to tackle catastrophic health events, there’s bound to be some scepticism.     And that deepens on hearing the plan for a ₹ 1 lakh insurance to address catastrophes. Yes, impoverishment due to out-of-pocket expenditure on health is a major...

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A sinister pattern underway -Aruna Roy & Nikhil Dey

-The Hindu The ruling party is doing its best to establish that being critical of its government is tantamount to being anti-national. It is not just the inconvenient person or collective being intimidated; the Constitution is under attack. “In a time of universal deceit, telling the truth is a revolutionary act” — George Orwell The controlled voice of Ravish Kumar on a blackened screen and his stark report on NDTV India on February 19...

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Panel proposes 70% reduction in royalty on GM cotton seeds -Sayantan Bera and Shreeja Sen

-Livemint.com The nine-member cotton seed price control committee has recommended a maximum sale price of Rs.800 for a 450g packet of Bollgard II Bt cotton seeds New Delhi: A government panel on genetically modified Bt cotton has recommended a steep reduction in royalty fees payable to technology companies, and lower seed prices. If accepted, the recommendations will benefit nearly 8 million cotton farmers in India, but may raise concerns about how India...

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Political expediency wins over cooperative federalism -Nitin Sethi & Ishan Bakshi

-Business Standard Cess, surcharges come in handy New Delhi: Looking to leave its political imprint over spending in rural India, the National Democratic Alliance (NDA) government has budgeted for a massive 31 per cent hike in its share of spending on nine big-ticket centrally sponsored schemes (CSS) in 2016-17 over last year's budgetary allocation. Last year's Budget mantra of 'cooperative federalism' has been sidestepped to favour political exigencies. To fund these schemes, which...

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