-The New Indian Express NEW DELHI: The Centre has decided to invest an additional Rs 12,000 crore in next three years for the nutrition of pregnant and lactating women and children in the age group of 0-6 years as the cabinet Wednesday approved an increase of cost norms for supplementary nutrition provided in anganwadis and for adolescent girls. As per the new norms, for children below 6 years, the money has been...

-Scroll.in Hike government spending, pour money into rural areas, cut interest rates, refrain from disruptive moves like demonetisation. India’s economic growth is slowing but can the government bring it back on track? This is what Finance Minister Arun Jaitley reportedly discussed with ministers and officials Tuesday evening. While a concrete plan to address the problem is apparently being developed with Prime Minister Narendra Modi’s blessing, a section of the industry and...

-PTI 'If public spending is slashed, it will mean cutting down expenditure on social sector scheme." There is hardly any private investment,' explained Finance Minister Arun Jaitley. Finance Minister Arun Jaitley provided no indication today of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer. States levy a high amount...

-The Indian Express Thomas Piketty points to the widening income disparities that have accompanied economic growth in India, which endanger social stability The paper by Thomas Piketty and Lucas Chancel, ‘Indian Income Inequality 1922-2014 — From British Raj to Billionaire Raj?’, is now in the public domain. Piketty needs no introduction — his Capital in the Twenty-First Century has been one of the most influential books on economics in the past decade....

-The Hindu Business Line Concerns flagged over delay in wages, absence of grievance redressal New Delhi: Citing cases of Aadhaar linkage with wrong accounts, delayed and inadequate wages, especially to thousands of women, preparation of muster rolls in English and centralisation of the programme, workers and organisations from across the country are on dharna in Delhi to reaffirm their “legal entitlements’ under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). “Even based...