-Business Standard Environmental activist and water expert Himanshu Thakkar tells Aditi Phadnis that India needs a comprehensive water-use policy immediately. * You are quoted as saying that India is in the grip of its worst hydrological crisis ever. Isn't that a bit drastic? After all, India has endured endemic water scarcity in many parts of the country for several years now. What makes you so pessimistic? I do not think it is statement...
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Revisit interest subsidy scheme for farmers -Ashutosh Kumar Tripathi
-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...
More »Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »From Plate to Plough: Drop by careful drop -Ashok Gulati
-The Indian Express Convert crisis into opportunity: Shift from supply side augmentation to demand side management. Scattered “mango rains” have brought a little respite from scorching heat in certain places. Earlier, IMD’s forecast of above normal monsoon rains had given some hope for forthcoming acche din. Yet, a sizeable part of India is still smouldering under the grip of a drought. Bundelkhand and Marathwada are just samples, but in reality more...
More »Laws prescribing educational qualifications for contesting elections are undemocratic -Christophe Jaffrelot
-The Indian Express In Haryana, a new law makes it mandatory for a general male candidate to pass Class X and a general woman candidate to pass Class VIII Politicians’ educational qualifications seems to be a major issue in India today. On the one hand, Arvind Kejriwal has asked for more evidence that Prime Minister Narendra Modi got his BA degree Delhi University, and on the other, documents pertaining to Union...
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