-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

With the threat of a failed monsoon and an impending drought, the need for public works and for greater numbers of workers will arise in many states, says National Advisory Council member Aruna Roy Despite all its seminal achievements, the Mahatma Gandhi National Rural Employment Gurantee Act is at the receiving end of the most controversial critiques any government programme has received so far. We could perhaps invert this to say...

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...

-The Hindu Saving the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) — the centrepiece of UPA-I’s achievements in the social welfare sector — from its many critics in government and the media who view it as a drain on the exchequer will head the Sonia Gandhi-led National Advisory Council (NAC)’s agenda in the coming months. At a meeting of the reconstituted NAC on Friday, its members discussed the role a re-energised...

-The Times of India LUCKNOW: Having invited comparisons with Mayawati's profligate ways, a rattled UP chief minister Akhilesh Yadav on Wednesday reversed his decision to allow all legislators to purchase four-wheelers worth up to Rs 20 lakh by dipping into their local area development fund.  This is the second time in three weeks that Akhilesh has been forced to revoke his decision within 24 hours. Last month, he rescinded his order of...