-The Times of India NEW DELHI: India received below-normal monsoon this year, with the season ending on a 5.2% deficit on Saturday. While 50% of the country's districts have had normal rains, more than a third — 215 districts — are left with deficient rainfall, which could impact the kharif crop to an extent. A 'below-normal monsoon', according to the India Meteorological Department (IMD), is when countrywide rains in the season are...
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Herd Mentality -Himanshu Upadhyaya
-CaravanMagazine.in How political rhetoric has drowned out the economic realities of cattle-slaughter bans In mid August, news broke that more than 200 cows had starved to death in a shelter in Chhattisgarh owned by a Bharatiya Janata Party leader named Harish Verma. After the reports appeared, Verma protested that he had not received funds that the government had promised him for the shelter. But the irony could not have been starker. The BJP...
More »NDA states stall 50 per cent quota for women in panchayat elections -Shalini Nair
-The Indian Express According to the 73rd and 74th Amendment Act of the Constitution, passed in 1993, one-third of the seats in all rural and urban local bodies are reserved for women. Amid reports that the NDA government may revive the Women’s Reservation Bill, for reserving one-third of seats in the Lok Sabha and state Assemblies for women, the Centre has canned a move to bring a central legislation to provide 50...
More »'Need revenue for public spending,' says Arun Jaitley on high petrol, diesel taxes
-PTI 'If public spending is slashed, it will mean cutting down expenditure on social sector scheme." There is hardly any private investment,' explained Finance Minister Arun Jaitley. Finance Minister Arun Jaitley provided no indication today of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer. States levy a high amount...
More »Rising input prices keeping down net crop incomes in many states, observes new report
For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...
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