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A budget to transform -Pulapre Balakrishnan

-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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India’s tough renewable energy targets -Athar Parvaiz

-SciDev.net   India plans to produce 160,000 megawatts of renewable energy by 2022 Financing, land-acquisition and proper policies are among challenges to the plans Government confident of financing by World Bank and multilateral agencies NEW DELHI: Financing, land-acquisition and lack of proper policies are among challenges to India's ambitious renewable energy projects, the Delhi Sustainable Development Summit (DSDS) run by The Energy and...

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'Changes in PDS may affect food security of half of Indians'

Any change in the Public Distribution System (PDS) needs to be undertaken with extreme caution since it is likely to affect the food security of 50 percent of India's population. This has been stated by National Council of Applied Economic Research (NCAER) in a recent research brief. The note from NCAER is based on India Human Development Survey (2011-12) data. In the IHDS, nearly 42,000 households from 33 states and...

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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...

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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...

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