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Why Delhi needs to step back -Lant Pritchett and Gulzar Natarajan

-The Indian Express Most of the dynamism of the Indian economy comes from its states. They must be given more room to chart their growth trajectories In the euphoria surrounding the election results, it is tempting to avoid facing up to the harsh realities of making development happen. Even for those who characterise the election as "the dawn after the dusk", in the new light of day, India's development challenges remain essentially...

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India Exclusion Report: Fresh perspective on poverty

India has witnessed many fiery debates on poverty estimates. Equally contentious has been the issue of inequality. Now a new report on exclusion offers a fresh perspective on poverty, inequality and social justice. (See below a summary of the report) Based on data and knowledge resources available in the public domain, India Exclusion Report 2013-14 highlights the systematic discrimination faced by women, Scheduled Castes (SCs), Scheduled Tribes (STs), Muslims, persons with...

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India’s Informal Economy: 400 Million Strong, Little Or No Access To Workplace Benefits -Angelo Young

-International Business Times   Consider this: There are 400 million Indians with no access to workplace benefits, such as social security, health insurance or unemployment insurance, a number higher than the population of the United States and Canada combined, according to a Delhi-based group of economic researchers. So, as the United States grapples with growing income inequality, it takes a country like India to put some of those economic and working realities into...

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Jaitley's maiden Budget likely to focus on health care -Archis Mohan

-The Business Standard   Universal health scheme on the cards; Spend on the sector likely to be raised The Union Budget is likely to announce the first of the Narendra Modi-led National Democratic Alliance (NDA) government's social welfare schemes for the health sector - the National Health Assurance Mission. The programme will provide universal health care and offer comprehensive health insurance for the poor. The Budget could also, sources say, propose the government's mission-mode...

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Banks ask FinMin to stop Andhra farm loan waiver -Manojit Saha

-The Business Standard   Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...

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