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SC says ban on diesel vehicles of over 2000 cc will continue in Delhi

-Hindustan Times New Delhi: The Supreme Court said on Tuesday a ban on the sale and registration of diesel vehicles with engine capacities of 2,000 cc and above in the national capital region will continue as it heard a plea by automobile manufacturers seeking a modification of its order. Senior advocates Abhishek Manu Singhvi, Kapil Sibal and Gopal Subramaniam were representing Mahindra and Mahindra, Mercedes and Toyota seeking modification of its December...

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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...

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An odd policy -Dinesh Mohan

-The Indian Express   The odd-even car proposal is being enforced in Delhi without any evidence or cost-benefit analysis    Mahatma Gandhi had said, “Action in the absence of knowledge can be dangerous and worse than no action at all”. This sage advice is ignored by most Indians. In the face of a serious pollution problem prevalent in most Indian cities, especially the smaller towns, we pretend that it is only the people...

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PDS: govt losing crores in paddy processing

-The Hindu Business Line Rice millers are making a killing due to policy gaps and old rates, says report The government is losing thousands of crores while rice mill owners are raking in the moolah, said the Comptroller and Auditor General (CAG) in its report tabled in Parliament on Tuesday. The report said mill owners are cashing in on lacunae in the government’s policy on the sale of paddy and rice by-products —...

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Will the JAM Trinity Dismantle the PDS? -Silvia Masiero

-Economic and Political Weekly The platform known as the JAM Trinity (an acronym for Jan Dhan Yojana, Aadhaar and mobile numbers) may enable a shift from the current Public Distribution System, based on price subsidies, to the direct transfer of benefits. However, it is incorrect to argue that JAM technologies will necessarily lead to the demise of the PDS. State-level experiences of computerisation, recounted here, reveal that the same technologies can...

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