-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
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2019 on mind, worried Centre calls meeting to address farm distress
-The Times of India NEW DELHI: The Centre has called a two-day national conference on February 19-20 to discuss farm distress and find a permanent solution. Prime Minister Narendra Modi will attend the valedictory round on the second day and review the suggestions emerging from the brainstorming. The conference will be inaugurated by agriculture minister Radha Mohan Singh at the Pusa complex. In April, the ministry will call a meeting of...
More »Budget steps may not lift rural consumption soon -Ratna Bhushan & Sagar Malviya
-The Economic Times NEW DELHI | MUMBAI: The government's spending in the budget aimed at bolstering rural development and providing higher income for farmers has not increased significantly and it may take at least two quarters to drive growth in the hinterland, consumer goods companies said. More than a third of daily-use branded products are sold in the rural areas, home to about 800 million people, whose purchasing behaviour depends on farm...
More »Union Budget 2018-19: An exercise in jugglery of numbers, say civil society groups
-Press Release by National Alliance of People's Movements (NAPM) New Delhi: Calling this year’s union budget ‘just an exercise in manipulation of numbers,’ veteran activist Medha Patkar asked, “When the major decisions like the demonetisation and GST are taken between two budgets then what’s the relevance of the Budget?,” at a panel discussion on the analysis of this year’s union budget with a special focus on Handloom, Fisheries, Dalits, Adivasis, Forest,...
More »Agriculture needs a cure more than quick fixes -T Sarita Reddy
-The Hindu Policy should address credit, crop insurance, drip irrigation The government’s efforts to focus on the welfare of farmers in the Union Budget is admirable. However, in a zero-sum situation such as budget allocation, the government often finds itself trying to choose between short-term results and long-term benefits. Short term results might come with loan waivers and increase of Minimum Support Price (MSP), but care should be taken to address the...
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