-Outlook Bengaluru: Facing attack over the new Land Acquisition Bill, Prime Minister Narendra Modi today said the land records would be "reformed" for farmers' benefit and attacked opposition for "spreading lies" that the government is working against the interests of the farming community. Addressing a public meeting here, he said his government was working to empower the farmers as it realises that the nation cannot make progress till villages develop. Contending that he...
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Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »UN study predicts rising global unemployment due to slower growth, inequality, turbulence
-The United Nations An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend. According to the World Employment and Social Outlook - Trends 2015 (WESO) report, released today by the International Labour Organisation (ILO), the next four years will see the total number of people out of...
More »India bright spot in global economy; caste bias a concern: World Bank
-PTI GANDHINAGAR (Gujarat): World Bank on Sunday said India can grow at 6.4 per cent in 2015 and accelerate further next year, but cautioned that an enduring "bias" on the basis of caste and other factors can impede prosperity. The government, however, is well aware of this issue and the World Bank sees India as "a bright spot in an otherwise mediocre global economic outlook," the multilateral lending agency's president Jim Yong...
More »Debating the ‘right to die’ -Faizan Mustafa
-The Hindu Attempt to commit suicide should stay on the statute book because suicide comes in conflict with the monopolistic power of the state to take away life You choose your country, you choose your spouse, you choose your profession, you choose your political masters, and you choose where you want to live and how. Die you must. But how to die and when: should that be a matter of choice as...
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