-The Times of India Direct transfer of benefits in cash to targeted beneficiaries of food and fertilizer subsidies could save an estimated Rs 60,000 cr and help trim the fiscal deficit which, in turn, may calm stubbornly high food inflation, a study by a government wing has shown. The study showed that policies to rein in food inflation would require winding down of the fiscal deficit, which has gone above 8% of...
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Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon
-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...
More »We Have Created Path for Permanent Development: UP CM
-Outlook Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav, who today completed one year in office, claimed that his government has created 'path for permanent development' of the state and people's faith in democracy has increased. "We can claim that in the last one year we have created path for the permanent development of the state. The government has worked in every sector and taken the state forward," Akhilesh said here on the...
More »Ajay Chhibber, Regional Director of the UNDP interviewed by Arlene Chang
-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...
More »Budget Is a Clever Attempt to Mislead Public: AAP
-Outlook Aam Aadmi Party today alleged that the Budget presented by Finance Minister P Chidambaram was a "clever attempt to mislead" public ahead of elections as it offered little remedy for the key problems facing the Indian economy. In a statement, the party claimed that the common man has reasons to feel "disappointed, if not cheated" with the Budget. "The Union Budget presented by the Finance Minister is a clever attempt to mislead...
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