-The Business Standard NC Saxena, a former member of the National Advisory Council believes that the regulatory regime in the states continues to be oppressive. In an e-mailed interview with Aditi Phadnis, Saxena says that the fundamental problem in India is the low tax-GDP ratio and neither the last government nor the current one seems interested in increasing revenues. Edited excerpts: * The new government appears to be watering down a lot...
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Setting diesel free is a good idea -Paranjoy Guha Thakurta
-TheGoan.net As had been anticipated, on October 18, the Cabinet Committee of Economic Affairs chaired by Prime Minister Narendra Modi decided to decontrol the prices of diesel, the most widely-used petroleum product in the country. Riding on an unexpected fall in world prices of crude oil, the government was able to simultaneously announce a sharp fall in consumer prices of diesel by Rs 3.37 per litre (in Delhi). But the decision...
More »Stolen generation -Rekha Dixit
-The Week Shambhu Kumar, 8, quite liked his job as a domestic help in a small town in Assam. He had to mind two children nearly his age, keep an eye on the ducks and be available for chores all day. It wasn't too hard, and he was well fed, too, though he missed his grandmother, a tea garden labourer. One day, some women from the state education department came to the...
More »High Rural Wages Have no Bearing on Inflation -Gayathri Nayak
-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in food inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...
More »Cyclone damage less than crop loss
-Deccan Chronicle KARIMNAGAR (Telengana): Karimnagar DCC president K. Mrutyunjayam said the crop loss due to drought conditions in Telangana state was more than the devastation caused by cyclone Hudhud in Visakhapatnam in neighbouring Andhra Pradesh. He was addressing a mediapersons here on Sunday. Telangana Chief Minister K. Chandrasekhar Rao is announcing new schemes and opting to conduct new surveys only to divert people's attention from his inefficiency. He asked the government...
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