The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...

-The Hindustan Times The entire framework for monitoring environmental compliance is being dismantled systematically. This is a process that actually began with the UPA government, which replaced the feisty environment minister Jairam Ramesh with the more pliant Jayanthi Natarajan. With industry lobbies still crying wolf, she too made way for Veerappa Moily, the petroleum and natural gas minister, without the UPA seeing anything contradictory in someone holding both those responsibilities. In just a month,...

-The Business Standard Government is diluting green regulations, not reforming them In his speech from the Red Fort on Independence Day, Prime Minister Narendra Modi said many sensible things about Indian manufacturing. It is certainly true that it must be a focus area for his government. As a proportion of India's gross domestic product (GDP), the share of Indian manufacturing peaked in 1996-97, at the pitifully low percentage of a little over...

-Down to Earth Going by current trends, the target for reducing infant mortality and improving other human development indices seem near impossible to achieve Less that 500 days are left for nations to achieve the targets set under the United Nations' Millennium Development Goals (MDGs); there are eight such goals which range from halving extreme poverty rates to halting the spread of HIV/AIDS and providing universal primary education. The countdown for the deadline...

-The Hindu Business Line While the limitations of the concept of economic growth are acknowledged, we need a better index than HDI Despite claims that economic development as a branch of economic science emerged only in the 1950s, there is no doubt that the notion of development existed even in classical economic thought processes, emerging from the writings of Adam Smith and David Ricardo. The recognition of development economics as a discipline...