-The Hindu Business Line Chennai: The Fourteenth Finance Commission has formulated its recommendations without any reference to the distinction between Plan and non-Plan outlays. This will facilitate greater attention to maintenance expenditure, and reduce incentives to boost capital works and show large-sized plans, said YV Reddy, Chairman of the Commission and former Governor of the RBI. Delivering the Raja J Chelliah Memorial Lecture at the Madras School of Economics on Monday, Reddy...

-The Hindu Business Line It provides infrastructure and a social safety net, but are there better ways of delivering both? The MGNREGA has been a subject of controversies from its inception. After much of the public dissension died down, the current government again stirred a hornet's nest by sending out what were perceived to be negative signals on this large public employment scheme. Not only has this raised political questions, it has...

-The Hindu The Bill to amend the 2013 land acquisition Act is neither pro-farmer nor pro-poor Next week the economic agenda of the Narendra Modi government will face its biggest test in Parliament. The controversial Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (LARR) that has been introduced in Lok Sabha is due for consideration of the house on March 9. While the government seems...

-The Hindu Tropical diseases have often been neglected by pharmaceuticals because the size of the drug market is smaller, people have lower incomes and companies are uncertain about IPR January marked an important breakthrough in the fight against tropical diseases. Researchers and the International Centre for Genetic Engineering and Biotechnology (ICGEB) in Delhi found a drug candidate that prevented TB and malaria pathogens from infecting human blood cells. It is not just that...

-Oxfam Blog Vanita Suneja, Oxfam India's Economic Justice Lead, argues that India can't progress until it tackles rural poverty. This entry was posted on 3 February 2015. More than 800 million of India's 1.25 billion people live in the countryside. One quarter of rural India's population is below the official poverty line - 216 million people. A search for economic justice for a population of this magnitude is never going to be...