-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-Business Standard On the basis of resource-efficiency, pollution and compliance, state-owned power generation firms fare the worst A staggering 90 per cent of coal-based thermal power plants in India fare unsatisfactorily on the environmental front, shows a recent analysis. While state-owned power generation companies are among the worst performers, plants owned by private firms have performed better on environmental and energy parameters. In a report released by the Centre for Science...

-The Hindu The Draft National Health Policy 2015 fails to tackle head-on the core problem of the Indian health system: its management, administration and overall governance structure The Draft National Health Policy of 2015 released by the Ministry of Health and Family Welfare, Government of India, is a comprehensive document. So comprehensive, in fact, that it says too little by saying too much. A National Heath Policy is commonly read as a...

-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...

-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...