-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
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A hasty, half-baked report on environment -Ramaswamy R Iyer
-The Hindu The report of the High-Level Committee for reviewing environmental laws has a misplaced focus on speedy project clearances and wrongly attributes their delays to environmental laws The report of the High-Level Committee (HLC) on a review of environmental laws may no longer be in the news, but its potential for impacting environmental governance in the country has not diminished. That potential will become real soon enough. A note of caution...
More »Dream loot for powerful -Buddhadeb Ghosh & Anjan Roy
-DNA Mahatma Gandhi National Rural Employment Guarantee Act, popularly knowns as NREGA, is the most romantic and largest development project in human history. It is extremely popular and invited widespread hatred. It embodies remarkable scope for alienated people and effortless corruption for powerful people at the lower level. The amount spent on it over the last nine years is about Rs3.50 lakh crore. The average number of jobs generated per year...
More »Budget 2015: The need for an overhaul in Indian agriculture sector -Ajeet Kumar
-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
More »Tracing MGNREGA’s decline
-HowIndiaLives.com The fall is more perceptible in states ruled by the Congress-led UPA than the ones ruled by BJP-led NDA The government's flagship rural employment guarantee scheme is on the decline. On almost every key metric, the scheme drafted under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)-which promises 100 days of employment a year to every rural household that demands it and mandates payments of wages within 15 days-is showing...
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