-The Hindu Business Line The CAG report details how these have neither helped industrial development nor boosted the economy Nearly a decade after the Special Economic Zones Act was brought into force, it is evident that the move has not helped industrial development. After examining SEZs in terms of background and objectives, fiscal incentives and facilities, approval process and administration, as well as life cycle, State-wise distribution and overall performance, parts of a...
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Economist suggests steps to tackle drought and crop failure in region -Ranjana Diggikar
-The Times of India AURANGABAD: With Marathwada being most affected by drought and near-total loss of crops forcing more than 500 farmers to commit suicide during the past one year, noted economist and former member of Maharashtra State Planning Board, H M Desarda, has suggested to the state government that there is immediate need to return to the low external input sustainable agriculture (LEISA), which alone can rescue farmers from the...
More »Keep kerosene subsidy: CPI
-The Hindu Terming the move to scrap the kerosene subsidy "a shameless attack on the poor and downtrodden," the CPI demanded that the subsidy on the fuel remain. On Friday, The Hindu reported that the Finance Ministry was planning to take forward the previous government's policy of phasing out subsidised kerosene. "Gas supply is very inadequate and sold in black markets. Some States becoming 100 per cent electrified and kerosene-free is a big...
More »Where are the jobs? -Devinder Sharma
-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
More »Campaign against Govt's move to cut social sector spending from Nov 30 -Aditi Nigam
-The Hindu Business Line Questioning the kind of growth model pursued by the Government, civil society activists on Saturday called for a wider public debate on the reported move to curtail social sector spending on schemes such as the rural job guarantee scheme, MGNREGA, and for the HIV affected. "Considering the fact that the Government is forecasting a 5.3 per cent growth rate for this year, the social sector cuts in Budget...
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