-The Hindu Driven substantially by the higher education sector, real estate deals and mining income, India's black economy could now be nearly three-quarters the size of its reported Gross Domestic Product (GDP). These are among the findings of a confidential report commissioned by the government and accessed exclusively by The Hindu. Since there were no "reliable" estimates of black money generated in India and held within and outside the country, the UPA...
More »SEARCH RESULT
The budget’s ecological bankruptcy -Ashish Kothari
-The Hindu The NDA's first budget has thrown a few sops in the direction of the environment and the millions dependent on it. But much like its predecessors, in painting the big picture it remains embarrassingly devoid of innovative ideas on how to move India towards ecological sustainability and justice "While 2015 will be a landmark year for sustainable development and climate change policy, 2014 is the last chance for all stakeholders...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »Forest cover has increased despite some setbacks -Meena Menon
-The Hindu Country still has large swathes of contiguous forests accounting for 40% of the forest cover There has been an increase of 5,871 sq km of the country's forest area since 2011, even as moderately dense forest areas have depleted due to population increase, grazing and encroachments, says the biennial "India State of Forest Report 2013," which was released on Tuesday. Union Minister of State for Environment and Forests Prakash Javadekar, who...
More »The ground beneath your feet -A Srinivas
-The Hindu Business Line That could shift if the land acquisition law is changed The real action on economic policy is set to take place outside the Budget. A major move on the cards (which Rural Development Minister Nitin Gadkari sought to downplay late last week) is to amend the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act to reduce the cost of land for industry. Is...
More »