-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
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The India-Bharat gap is not widening -Pramit Bhattacharya
-Live Mint Difference between average spending in urban and rural areas declined by 0.6 percentage points between 2004-05 and 2011-12 The seven years between 2004-05 and 2011-12 have been among the most prosperous phases India has ever seen. What makes this phase unique is that the gains from high growth have been more evenly shared between rural and urban India than before. Real rural consumption expenditure grew at an average annual pace...
More »Doubling farm growth: Sufficient soil moisture+water=Great winter crop -Dharmakirti Joshi
-The Economic Times That India has had an excellent monsoon is a given, as is the prognosis that it will more than double agricultural growth from the lowly 1.9% seen in the last fiscal year. The happy tidings on the farm front won't end there. The joy could actually multiply by the last quarter of this fiscal year because abundant rains will benefit the increasingly important winter rabi crop more than...
More »Tuberculosis gains at risk due to millions of missed patients, drug resistance –UN report
-The United Nations Treatment has saved the lives of more than 22 million people with tuberculosis (TB), according to a new report by the United Nations health agency that also reveals that the number of deaths from the disease fell to 1.3 million last year. The Global Tuberculosis Report 2013, published today by the World Health Organization (WHO), confirms that the world is on track to meet the Millennium Development Goals (MDGs)...
More »Dangers of letting cars dictate city design-Anumita Roychowdhury
-Down to Earth If any other cause was responsible for so many deaths and injuries as we see on our roads it would have been a state of emergency Sunita Narain-our colleague and friend-was seriously injured in an accident while cycling yesterday. A car hit her and fled. This cruel act of crime and heartlessness could have shattered our faith in humanity had it not been for the kind act of the...
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