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Govt crowdsources Budget-making exercise -Annapurna Singh

-Deccan Herald MoF wants more transparency and public involvement For the first time, the government has decided to go for crowdsourcing in the Budget-making exercise and invited suggestions from the public for India’s Budget to be presented in February-March next year. The step has been taken to infuse more transparency into the Budget-making and increase people‘s participation in the mammoth exercise. “In order to infuse more transparency into the Budget-making exercise and to have...

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Need to Redefine Concept, Strategy of Development -MA Oommen

-The New Indian Express The recent socio-economic and caste census (SECC) 2011 data on deprivations is profoundly disquieting. At the global level too, the latest data on economic inequality is equally disconcerting. That 75 per cent of rural households in India earn less than Rs 5,000 per month or around Rs 33 per capita per day and that over 40 per cent are landless and work as manual casual labourers even...

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The comprehensive healthcare alternative -Nachiket Mor

-The Hindu Rescuing Maternal and Child Health-only systems, which have become under-resourced and have built a very high-cost but low-performance culture, will be a challenging task. Given the rising burden of non-communicable diseases, there is an increasing demand to build health systems that can address these concerns. However, given how large the unfinished agenda of the Millennium Development Goals is, the Indian government has chosen to stay focussed on Maternal and Child...

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India ranks near bottom on inclusive growth, development: WEF

-PTI 'No country is a top performer in every sub—pillar' Geneva: India has been ranked very low, mostly in the bottom half, globally on most of the parameters for inclusive growth and development even as it fares much better internationally when it come to business and political ethics. In a first of its kind global rankings, across different groups of countries in terms of their per capita income levels, the World Economic Forum...

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Is inequality in India here to stay? -Vamsi Vakulabharanam

-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...

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