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Avoid the adventurous path -M Govinda Rao and C Rangarajan

-The Hindu Any aggressive attempt to widen the fiscal deficit will land India’s economy in problems The sharp deceleration in the growth of the economy as revealed by the first quarter estimate of GDP released a month ago has been widely commented upon. The policy prescriptions needed to reverse the trend depend on our understanding of the factors responsible for the slowdown. Among other things, one factor that stands out is the...

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Forget fast growth, India is barely holding on. Just look at the data -Chaitanya Kalbag

-The Economic Times Those of us in our sixties, including our prime minister, will remember the goli soda. You used a little wooden gizmo to push in a marble stuck in the mouth of a bottle and guzzled the sweet, fizzy drink with the marble dancing around inside. Then you felt full and happy. But it was mostly gas. It’s feeling a lot like that these days, and PM Narendra Modi must...

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Govt is working on simplifying labour laws: Santosh Gangwar

-PTI NEW DELHI: The government is committed to labour reforms and simplification in the related laws to safeguard workers' interest, Labour and Employment Minister Santosh Kumar Gangwar said on Sunday. Listing a slew of steps to protect workers' interest, the minister said provisions have been made in the Employees' Compensation (Amendment) Act, 2017 to increase the penalty for its contravention from Rs 5,000 to Rs 50,000, which is extendable to Rs 1...

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'Arbitrary' Method Used to Appoint New CAG, Despite Modi Government's Talk of Transparency -Gaurav Vivek Bhatnagar

-TheWire.in According to NGO Common Cause, Modi missed an opportunity to to set a high benchmark to fight systemic corruption by not putting in place an accountable system to appoint the new Comptroller and Auditor General. An NGO that played a critical role in transforming the way natural resources are allocated by filing PILs in the coal block allocations and 2G spectrum allocation cases, has criticised the Narendra Modi government for following...

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Appointment of the CAG of India requires an objective and accountable process

-Press Release from Common Cause Common Cause, an organisation dedicated to serving public causes through democratic interventions, is shocked that the NDA government has followed exactly the same practice and procedures as the predecessor UPA government in the appointment of the new Comptroller and Auditor General (CAG) of India. The Narendra Modi government, which claims to have zero tolerance for corruption, has missed a Golden opportunity to set a high benchmark...

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