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Deserted by policy -Jemima Rohekar& Jitendra

-Down to Earth Rajasthan's livestock is facing a threat as grazing lands disappear and laws paralyse traditional economic incentives for keepers Livestock has sustained the people of Rajasthan during times of drought or when agriculture was unviable. State government data suggests 80 per cent of rural families in Rajasthan keep livestock in their households, and 35 per cent of the total income of small and marginal farmers comes from dairy and animal...

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Rural jobs scheme — good in parts -Nilabja Ghosh

-The Hindu Business Line It provides infrastructure and a social safety net, but are there better ways of delivering both? The MGNREGA has been a subject of controversies from its inception. After much of the public dissension died down, the current government again stirred a hornet's nest by sending out what were perceived to be negative signals on this large public employment scheme. Not only has this raised political questions, it has...

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Budget silences -Bina Agarwal

-The Indian Express The budget aims at economic growth and social protection. This is welcome. So are provisions for financial inclusion, housing, water, sanitation and rural electrification. But there are also substantial cuts in crucial social sectors and key omissions that are likely to undermine its stated economic objectives. Consider agriculture, environment and women. First, double-digit growth or poverty reduction is unlikely without strong, sustained agricultural growth. In 2014-15, agriculture grew at...

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Highlights of Economic Survey 2014-15

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

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Centre takes steps to convert PDS to cash transfers -Nitin Sethi & Surabhi Agarwal

-Business Standard The Union government has remained equivocal in public about the Shanta Kumar report and whether the National Democratic Alliance intends to follow up and change the National Food Security Act. But at least on one count it has moved fast to implement the report - converting the subsidised food supply into cash transfers under the Direct Benefits Transfer Scheme. The food ministry has written to the Union Territories to...

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