-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
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$15 bn rollover of subsidy costs into next budget?
-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
More »Dangers of letting cars dictate city design-Anumita Roychowdhury
-Down to Earth If any other cause was responsible for so many deaths and injuries as we see on our roads it would have been a state of emergency Sunita Narain-our colleague and friend-was seriously injured in an accident while cycling yesterday. A car hit her and fled. This cruel act of crime and heartlessness could have shattered our faith in humanity had it not been for the kind act of the...
More »Is precision agriculture the solution to India's farming crisis? -Anil Rajvanshi
-IANS A small sugarcane farmer in western Maharashtra, Bhau Kadam (name changed) and his family, own about three hectares of land. He has two sons who are both graduates and work in Pune. When I asked him why he did not make his sons farmers, he says that farming is hard work, is non-remunerative and it is difficult to get labour. Besides he also thinks that farming is not glamorous, a farmer's...
More »Union budgets since 2008 show India spends 0.0009% of its GDP on disability -Moushumi Das Gupta
-The Hindustan Times Nilesh Singit, 43, completed his Master's degree in Literature from Mumbai university in 1993 and a course in information technology soon after, and thought he was ready for the job market. Responses from the initial telephonic interviews too sounded positive. Then he went for the face-to-face rounds. A cerebral palsy survivor, Singit was rejected by one company after another - for four years. Dejected, he decided to turn entrepreneur....
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