-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...
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Govt doesn’t allocate plan outlays for dalits, adivasis -Subodh Varma
-The Times of India NEW DELHI: All governments till now, including the present one, have promised that they will do their utmost to uplift dalits and adivasis who make up about 24% of India's population and generally occupy the lowest rung of the social and economic hierarchy. One way of fulfilling this eternal promise has been the system of specially earmarking funds from the Five Year Plan outlays for dalits and...
More »Through the smog, darkly -Awadhendra Sharan
-The Hindu With the world's most toxic air, Delhi struggles to breathe. Although its challenges are many, going forward, the city must learn a few basic lessons from the past The summer of 1857 is well-etched in the Indian psyche as the summer of revolt, of a mutiny against the British. Earlier that year, however, there was a smaller initiative that bears recollection - for it speaks of an unfinished agenda of...
More »A budget for women -Yamini Mishra & Rebecca Reichmann Tavares
-The Hindu The government's first full year budget is an excellent chance to recognise missed opportunities and take corrective action with regard to investing in addressing gender inequality The coming Union budget is significant for at least two reasons: first, this will be the new government's maiden full year budget. Second, with the NITI Aayog replacing the Planning Commission, the government is likely to abolish the distinction between plan and non-plan budgets. This...
More »Fighting adversity, innovatively! -KM Dayashankar
-The Hindu KARIMNAGAR (Telengana): Fighting adversities is part of human survival and villagers of the interior Veernapalli and other villages in Yellareddypet mandal have been doing that for quite some time. Saving their standing crops from wild animals has become their top priority what with the decreased area of cultivation due to water shortage. They cannot afford technological support, but that has not deterred them from devising their own plan to keep...
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