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The twist in the growth story -C Rangarajan

-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...

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Slowdown in rural wages not a temporary phenomenon -Ishan Bakshi

-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...

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For the sake of the Good Earth -Rita Sharma

-The Tribune In India, mounting demographic pressures are leading to soil degradation. About 17 per cent of the global human and 11 per cent of livestock population is being sustained on a mere 2 per cent of the world's land and 4 per cent of its freshwater resources. The year 2015 has been designated as the International Year of the Soils by the United Nations. Recently, December 5 was commemorated as World...

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Govt apathy fanning protests against hydro projects: Himachal experts panel -Chander Suta Dogra

-The Indian Express Chandigarh: A panel of experts appointed by the Himachal Pradesh government has said that popular opposition to large hydel power projects on the Sutlej is being fanned by the establishment's "indifference" to the problems of the people. The panel has rejected the conclusions of a report prepared earlier for the union government, which had said that the adverse impact of the projects can be mitigated by suitable measures. "...Opposition to...

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Bihar, Odisha witness sharp fall in PDS leakages

-The Financial Express Bihar, Chhattisgarh and Odisha have reported sharp falls in grain leakages through public distribution system (PDS) during the period between 2004-05 and 2011-12, according to an assessment by development economists Jean Dreze and Reetika Khera. In Chhattisgarh, which took several measures such as digitisation of beneficiaries lists, fair-price shops and GPS tracking of foodgrain carrying trucks, the estimated grain leakage has reduced to only 9.3% in 2011-12 from 51.8%...

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