-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
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In 2016, better health care? -K Srinath Reddy
-The Hindu Among other things, the government must work towards giving life to the National Health Policy Even as millions of Indians wish each other health, happiness and hope in the new year, they also await news on the new National Health Policy which will become the GPS in our journey towards better health. The draft policy, which was framed by the Union Health Ministry, was placed for public comment just over...
More »Online payment for LPG refill by year-end -TCA Sharad Raghavan
-The Hindu Describing 2016 as the year of the LPG consumer, Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Friday that online payment facility for LPG refill would be available by the end of the year. “In the three calendar years of 2016, 2017 and 2018, we have set the target for supplying clean fuel to at least 70 per cent of the households.” Single helpline number for gas leaks opened LPG...
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »Is the economy sick? -Salman Anees Soz
-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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