-Live Mint With a new political transition, it may be a good idea for the new government to work on an idea as to how to enable all health workers across the country to have data-enabled smartphones If you have no electricity, you can survive despite inconvenience; if you have no pucca house, you still survive on thatched shelters; if you have bad roads, you can still communicate on the patched...
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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Pranay Sharma
-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
More »Will rural flagship schemes change under Modi? -Jitendra
-Down to Earth Officials admit that MGNREGS and rural road development programmes suffered shortcomings in UPA regime Senior officials of ministry of rural development have gone into a huddle following questions regarding the performance of various ministries thrown by Narendra Modi, who will take oath as prime minister on May 26. The cabinet secretary has asked secretaries of different ministries to prepare a power point presentation on why benefits from a number of...
More »Finance, fertilizers and petroleum ministries to seek subsidy cuts-Sidhartha
-The Times of India NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...
More »Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni
-The Hindu Business Line Claims that the economic GAP in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...
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