-The Hindu Business Line The draft laws do not take a holistic view of surface and groundwater management. Nor are institutional issues spelt out The draft National Water Framework Bill 2016 was placed in the public domain for comments in end-May by the ministry of water resources, river development and Ganga rejuvenation. Around the same time, the ministry also placed the Model Bill for the Conservation, Protection, Regulation and Management of Groundwater 2016...
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Untouched by economic growth: One in 4 beggars in India a Muslim, reveals census -Zia Haq
-Hindustan Times New Delhi: Almost a quarter of India’s 370,000 beggars are Muslims, newly released data from the 2011 Census show, reinforcing that the community still lags behind on most counts despite the country’s rapid economic growth. Muslims, the largest minority who make up 14.2% of India’s 1.25-billion population, come out pretty much at the bottom of most socio-economic indices, even a decade after a high-level government probe into their historical disadvantages...
More »25 years of change: Why India’s farm sector needs a new deal -Zia Haq and Gaurav Choudhury
-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....
More »How Well Does India Understand Inflation? -Deepanshu Mohan
-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...
More »New entrants in India's middle class: Drivers, carpenters, pani puri vendors -Hemali Chhapia
-The Times of India MUMBAI: India's middle class has seen new entrants. Pani puri vendors, dosa sellers, carpenters, welders, launderers, drivers and cable TV technicians have all pulled themselves out of the clutches of poverty and leapt into a section of the middle class — the bedrock of the economy. A paper titled 'The Rise of the New Middle Class and the Role of Offshoring of Services', co-authored by the head of...
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