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Highlights of Union Budget 2016-17

-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...

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Begin with a rigorous study -Jasmine Shah & Gabriel Kreindler

-The Indian Express Delhi’s odd-even trial was brave, but policy needs good research at design stage. The trial period of the odd-even policy demonstrated a commendable willingness from the Delhi government to experiment with a policy option, and decide its future based on the evidence of impact, and acceptability from the residents of Delhi. Good evidence on the impact of any public policy requires a willingness to experiment, quality data, and a...

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Yes, Delhi, it worked -Michael Greenstone, Santosh Harish, Anant Sudarshan and Rohini Pande

-The Indian Express The odd-even pilot reduced hourly particulate air pollution concentrations by 10-13 per cent. But for the longer run, a congestion-pricing programme may be better Delhi’s ambitious odd-even pilot experiment to reduce the number of cars on the road, and pollution in the air, has come to an end — at least for now. But the question remains: Was it successful? Answering this question is challenging. Air pollution data is...

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Green safeguards yield higher economic returns -Vinod Thomas

-The Hindu For growth to go forward, it must be environmentally and socially concordant. The launch of the Sustainable Development Goals (SDGs) and agreements in Paris finally signalled the realisation that we can no longer achieve our economic ambitions by endangering the environment and society. But even as countries agreed on the need to nurture sustainability, it has come under fire from the mistaken notion that doing so will slow the pace...

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The men who grew forests -Rahi Gaikwad

-The Hindu City fetes Jadav Payeng and Abdul Kareem — men who built forests from scratch. Mumbai: Leaders of nations the world over devote a large part of their time, money and policy framework to the growth of the economy. But if they held their breath for a minute, they would realise it is life-sustaining oxygen that needs their urgent attention. At the recently-concluded Paris climate change conference, Jadav “Molai” Payeng, 52, known...

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