-The Indian Express Exploring the role of the black economy in political finance and how it subverts democracy. Book: Costs of Democracy: Political Finance in India Editors: Devesh Kapur & Milan Vaishnav Publisher: Oxford University Press Page: 311 Price: Rs 750 Money in politics is an issue of great concern for the Indian polity. Most believe it undermines democracy in India so that what formally looks like a great democracy turns out to be just...
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Fiscal deficit in April-August at 94.7% of govt's annual target -Asit Ranjan Mishra
-Livemint.com India’s fiscal deficit touched 94.7% of the budgeted target during the April-August period while revenue deficit crossed the budget estimate at 113.8% in the same period New Delhi: Despite a substantial increase in transfer of surplus by the Reserve Bank of India (RBI) to the government, India’s fiscal deficit touched 94.7% of the budgeted target during the April-August period while revenue deficit crossed the budget estimate at 113.8% in the same...
More »Estimates panel quizzes PMO on Rajan's report
-The Hindu Business Line New Delhi: The Estimates Committee of Parliament has asked the PMO, Coal Ministry and various banks to respond to queries on NPAs emanating from former RBI Governor Raghuram Rajan’s report. The committee is headed by veteran BJP leader Murli Manohar Joshi. Sources in the committee told BusinessLine that the PMO, ministry and lenders have been asked how the NPAs — estimated at ?9 lakh crore — piled up...
More »Primary lessons in citizenship -Anup Sinha
-The Telegraph Given increasing government influence on primary education, we must ask who Controls the substance of what children are taught. Education is an important human capability that is considered essential for economic development. Education helps one to know about the world one lives in, think, discover new facts, and create new objects of use. It also helps one in making informed decisions and choices. Education is useful to an individual in...
More »For The Farmer's Future -Ajay Vir Jakhar
-The Indian Express It is important to evaluate the consequences of the Centre’s agriculture policy. With elections around the corner, it’s too late for a course correction of the farm sector, but it’s an opportune time to document the unintended consequences of half-baked policies for the next five years. Otherwise, the momentum of existing policies will continue to feed rural economic misery. Agriculture GDP growth plummeted just as India’s agricultural trade surplus,...
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