-The Hindu In its attempt to demonstrate to foreign capital that it is committed to reform, UPA II has launched on what many consider a liberalisation blitz. A principal feature of the new measures is the greater space and influence being afforded to foreign investors in sectors varying from retail and civil aviation to insurance and pensions. Multiple arguments have been put out by official spokespersons to justify the new measures:...
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Large gains in life expectancy indicate inclusive impact of economic reforms
-The Times of India Average life expectancy in India jumped up by 4.6 years in the decade up to 2008, according to the latest data released by the Registrar General of India. Since this was also the period when economic reforms had the maximum impact, it gives the lie to an idea that's pervasive in the political domain - that reforms benefited only a tiny elite, leaving the rest of India's...
More »‘Perfect storm’ that shook
-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
More »Single women quota on plan panel table -Ananya Sengupta
-The Telegraph The Planning Commission has proposed a separate quota for single women in central schemes instead of clubbing them under the larger “family” category as is done now. If the move is cleared, even women who have never married will be included under the head “single”, along with widows and divorcees. “Not much progress could be made in this direction (towards having a separate category). This can be attributed to two factors....
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