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Need to eliminate distrust within private sector, 'extraordinary' steps needed: NITI Aayog on slowdown

-The Indian Express Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014." The Centre’s policy think tank Niti Aayog stated Thursday that the prevalent slowdown in the country’s economy is due to the distrust amongst the private sector where the credit situation is stagnant. “Nobody is trusting anybody else… within the...

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India Inc looks to govt for stimulus, but fiscal space limited as revenue falters -Aanchal Magazine, Pranav Mukul & Anil Sasi

-The Indian Express The emerging consensus within India Inc. on the need for a government-LED stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms New Delhi: India Inc’s clamour for a stimulus to restart the investment cycle points to a near unanimous view within the industry — that government has to do the heavy lifting first...

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Lancet does what Indian media won't -GS Mudur

-The Telegraph 'The people of Kashmir need healing from the deep wounds of this conflict, not subjugation to further violence and alienation' If nature abhors a vacuum, so does journalism. The Lancet, an international medical journal, has referred to Prime Minister Narendra Modi’s “prosperity” justification for the changes in Jammu and Kashmir and said the people there first need healing, not subjugation and alienation. The journal has also raised concerns about the mental...

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PM Modi is Worried About Population Explosion, a Problem Set to Go Away in 2021 -Saurabh Rai and M Sivakami

-TheWire.in Instead, we should focus on why population control efforts have mostly translated to controlling women's, and not men's, fertility. In his Independence Day speech, Prime Minister Narendra Modi made it clear that the government considers population explosion to be in the way of India’s development. This isn’t the first time in the history of independent India when a government has tried to control the population. A similar fear LED to the...

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'The Idea of India' is failing -C Rammanohar Reddy

-The Times of India The middle class that LED India’s nation-building project has now embraced a nationalism that has no place for diversity The “Idea of India” has always been grander in promise than in fulfilment. At Independence, the dream was that the people of a country of so much diversity — in language, religion, and tradition — would enjoy constitutionally guaranteed rights and through democratic means, build a just society. A...

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