-The Hindu Structural reforms and improving productive capacity can enhance long-term growth NITI Aayog, the government’s policy think tank, is working on a sector-based medium-term planning framework, Union Finance Secretary Ratan P. Watal told a meeting of state finance secretaries on Monday. The new planning framework could replace five-year plans, the last of which is set to end in 2016—17, Mr. Watal said. It was possible to synchronise with the finance commission cycle,...

Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...

-The Indian Express Budget 2016 has a greater focus on the rural and social sectors. But the challenge will lie in improving delivery systems. Indian agriculture as well as the rural sector have been in distress in the last two years due to deficit rainfall and the decline in global commodity prices. The rural non-agriculture sector, too, has been under stress due to the lack of demand for manufacturing and services. It...

-PTI Budget 2016: Finance Minister Arun Jaitley faces a tough task of balancing the needs of farm sector as well as the industry when he presents his third and challenging Budget tomorrow as he seeks to garner resources to boost public spending for higher growth amid global headwinds. On the income tax front, the Budget may continue with the status quo on the tax slabs while it may tinker with the exemptions. Rising...

-The Indian Express New Delhi: In a bid to curb rising pollution, the Delhi government on Friday decided that odd and even number vehicles will ply on alternate days in the capital from January 1, official sources said. In the first major green intervention by the executive which could become a template for other cities in the country, the Delhi government announced Friday a slew of measures starting January 1 to bring...