 "The final set of suggestions, especially on agriculture loans, from all meetings will be sent to the Centre, which will organise a meeting with banks in September first week")
The 15th Finance Commission, which is expected to submit its interim report this week, recently released a host of independent studies and analysis commissioned by it. The findings from the studies could form as inputs in the Commission’s final reports. The studies were done by the Institute of Economic Growth (IEG), the Indian Council for Research on International Economic Relations (ICRIER), Xavier University, Bhubaneshwar, the Indian Statistical Institute, Delhi, and NCAER among others. Following is a sum-up of some of the studies:
Agricultural subsidies
Governments need to explore alternatives to price subsidies, as they have become inefficient overtime. Procurement-based support could be
