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No clean slate -Arvind Virmani

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

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Highlights of Economic Survey 2014-15

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

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Goa's Mining Logjam -Pamela D’Mello

-Economic and Political Weekly   The stage is all set for the resumption of iron ore mining in Goa after it was suspended in the state in 2012, to curb its indiscriminate and illegal mining. The Goa government's decision to renew the mining leases comes at a time when the economics of iron ore mining have changed and environmental concerns have gained more prominence. Pamela D'Mello (dmello.pamela@gmail.com) is a Goa-based journalist. The state government...

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Human rights group slams India’s record -Narayan Lakshman

-The Hindu Washington: A top global human rights group has criticised the Indian government for its treatment of minorities, lack of protection for women's and children's rights, restrictions on free speech and insufficient support extended for human rights via New Delhi's foreign policy engagements. In its 25th annual World Report on human rights, New York-headquartered Human Rights Watch noted that there was a "spike" in incidents of violence against religious minorities in...

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We need a real learning grid for India's elementary schools -Krishna Kumar

-The Hindustan Times Around this time every year, news about the Annual Status of Education Report (ASER) survey creates a short-lived stir in the media over the dismal performance of children studying in State-run elementary schools. Pratham - the NGO which produces the ASER reports - carries out this nationwide evaluation of children's competence in reading and arithmetic, and presents the results of children's grade-wise scores. The sample consists of nearly...

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