The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...
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Rising burden of out-of-pocket health expenditure
A recent study published in the prestigious science journal 'PLOS One' (August 2014) shows that Central programmes like National Rural Health Mission (NRHM) and Rashtriya Swasthya Bima Yojana (RSBY), and state-level initiatives like Yeshasvini health insurance scheme (Karnataka), Vajpayee Aarogyasri health insurance scheme (Karnataka), Rajiv Aarogyasri scheme (Andhra Pradesh), Chief Minister's Insurance Scheme for Life Saving Treatment (Tamil Nadu) etc. did little to reduce the financial burden arising out of...
More »NREGA spiked rural wages only 10%, rest is from MSPs: Rajan
-PTI Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this has increased rural wages tremendously. I would argue that clean, trustworthy studies say that the effect was may be 10 per cent," Rajan told an audience here last week. It...
More »Potato pain: Government forms study panel, to keep buffer stock
-The Times of India BHUBANESWAR: Even as Odisha continued to feel the potato heat because of the West Bengal government's undeclared restrictions on inter-state transportation of the tuber, the state government on Wednesday formed a taskforce to chalk out a long-term strategy to deal with the issue. The panel, headed by agriculture secretary, will submit an action plan focussing on production, preservation and distribution of potato within a month, food supplies and...
More »Changes in labour law will affect half of all factories -Surabhi
-The Indian Express The original Act identifies a factory based on the number of workers employed. More than half the factories across the country may be exempt from the restrictive provisions applicable under the current legislative framework, with the Factories Amendment Bill, 2014 proposing to revise the definition of a factory by effectively doubling the threshold of the number of workers employed in such a unit. The move is expected to ease...
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