-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...
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The twist in the growth story -C Rangarajan
-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...
More »RTI earns govt. bigger bucks than estimated -Rahul Devulapalli
-The Hindu Actual revenue from RTI services continues to be pegged low, year after year Hyderabad: Estimates of revenue generated through RTI (Right to Information) queries and actual revenue generated by the State government, has revealed great disparity over the years. Each RTI applicant is required to pay a sum for information demanded. Going by data from the last few years, revenue estimated by the GAD (General Administration Department) of united Andhra Pradesh...
More »Reforming FCI or cutting back food security? -Nitin Sethi
-Business Standard The Shanta Kumar Committee on restructuring FCI has suggested the reach of the National Food Security Act be curtailed to 40 per cent of the population The National Democratic Alliance government set up the high-level Shanta Kumar Committee to restructure and reform the state-owned Food Corporation of India. Instead, the panel ended up providing a road map to restructure the entire farming and food security policy of the government. In...
More »Education campaign yields dividends -Pheroze L Vincent
-The Hindu In 1951, a year after India became a republic, only 18.33 per cent of its 35.11 crore citizens could read. According to the 2011 census, 74.04 per cent of its 121.02 crore people can read. In 60 years, 83.12 crore Indians learnt to read. School enrolment is at an all-time high with several surveys putting primary enrolment at above 96 per cent. However, India is still below the world's average...
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