-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...
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India File: Whose line is it anyway? -Richa Mishra & Debabrata Das
-The Hindu Business Line The Narendra Modi government has shown intent in pushing for rural electrification, but the devil lies in the detail, write Richa Mishra and Debabrata Das Soon after taking over at the helm of the country, Prime Minister Narendra Modi was at a function in Solapur, Maharashtra. Sharing one of his visions, Modi said, “Many elections have been fought in our country on this issue and the issue is...
More »Providing transparency in rural electrification -Dinesh Arora
-The Hindu The GARV app puts pressure on State governments for timely and quality delivery “I am going to turn everything into an app and I am going to allow people to monitor daily what work we are doing, what work States are doing” — Piyush Goyal, March 23, 2016 at the Power Focus Summit Rural electrification has been an enduring challenge for successive governments. Given India’s federal structure, States provide last-mile connectivity...
More »On paper, electrified villages — in reality, darkness -Samarth Bansal
-The Hindu The Centre claims to be fulfilling the Prime Minister’s plan for full rural electrification. But a close check of its own real-time data shows that the gap between official claims and ground reality is stark Haldu Khata, a village in Bijnor district of Uttar Pradesh, is one of the 7,008 villages that the government claims to have “electrified” in the last year, under the Modi government’s flagship scheme of rural...
More »Budget expectations for rural sector
Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...
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