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India’s two-speed demography -Prachi Priya & Anuj Agarwal

-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...

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Cash transfers, the lazy short cut -Mihir Shah

-The Hindu Alleviating poverty in India requires not only cash transfers but also other enabling changes Advocates of unconditional cash transfers claim that they can be both emancipatory and transformative. They argue that people are quite capable of making rational decisions. And that this kind of basic income support can improve their lives. I have no quarrel with the claim that we must trust the poor. Such suspicion is part of an elite...

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Running on fumes -Paranjoy Guha Thakurta

-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...

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Decoding the oil price fall -Raghuvir Srinivasan

-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...

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Eminent persons urge President to reject land ordinance

-The Hindu They wabted the govt to table the proposed amendments to the Land Acquisition Act, 2013, in Parliament so that they can be "democratically" discussed. A group of concerned citizens has written to President Pranab Mukherjee to "rethink and reject" the Ordinance which seeks to amend the Land Acquisition Act of 2013. In a letter to the President, the group has urged him to advise the government to table the proposed amendments...

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