-The Business Standard Lopsided fertiliser policy is damaging farm output Even as the indifferent monsoon is threatening to affect crop sowing in the current season, the recent spike in the prices of some fertilisers and related developments in the fertiliser sector are adding to disquiet over kharif production prospects. The government’s move to slash subsidies on non-urea fertilisers early this year, coupled with the rupee’s depreciation, has led fertiliser companies to substantially...
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Rapid GDP growth dents poverty but reduction is feasible-Raghav Gaiha and Vani S Kulkarni
If proof is needed of a policy paralysis, a recent official admission that poverty cannot be eradicated by 2020 cannot be dismissed out of hand. That this follows the Planning Commission's estimate of a rapid decline in poverty over the period 2004-05 and 2009-10 is not just intriguing but arguably schizophrenic. The former is utterly pessimistic while the latter is optimistic notwithstanding dubious price adjustments designed to deliver a favourable...
More »Achilles’ heel of social policy
-The Indian Express Jairam Ramesh’s criticism of NREGA highlights that a rights-based approach to poverty reduction cannot work without improving implementation The clamour for the right to social pensions is another attempt to deal with the Indian state’s inability to provide adequate social protection to its poorest citizens through targeted programmes. India’s vulnerable continue to be excluded from social safety nets. The multi-layered problems with social welfare schemes can be summarised in...
More »The political economy of petroleum prices-Vikram S Mehta
Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...
More »Tribal NGOs misused grants to make private residences: Ministry-Nidhi Sharma
-The Economic Times At a time when the government is desperately trying to take growth to remote tribal-dominated areas, it has found that a key link in the chain - voluntary organisations - has been malfunctioning. Random surveys, conducted by the tribal affairs ministry, have unearthed how over the years NGOs had been getting grants from the Centre for tribal welfare and the money was being misused to make private residences. The...
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