-India Today The BJP's prime ministerial candidate Narendra Modi is going to fight the next general elections on the development plank, and he puts forth Gujarat as the model of development. At public meetings, he has been appealing to other states and the Centre to follow his model. But the latest index released by the finance ministry may prove to be a pinprick. It shows Gujarat has not done as well...
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Goa, Kerala ‘relatively developed’, Gujarat ‘less developed’: Rajan panel- Remya Nair
-Live Mint BJP-ruled states to get more funds, while most Congress-ruled states will lose out if report's funding formula is accepted New Delhi: Odisha, Bihar, Madhya Pradesh and Chhattisgarh are the least developed (or the most backward) in that order, according to a government committee whose recommendations, if accepted, will mean a larger share of central funds for these states. Goa, Kerala and Tamil Nadu are India's most developed states, according...
More »Rajan panel ranks Odisha most backward State
-The Hindu Bihar is the second most backward, and Gujarat is less developed A panel headed by Raghuram Rajan has recommended a new index of backwardness to determine which States need special assistance. The new methodology ranks Odisha as India's most backward State, Bihar, which has been seeking ‘special' status, as the second most backward, and Gujarat as one of the "less developed" States. Goa is India's most developed State. In May this year,...
More »Progress blow to Gujarat -Basant Kumar Mohanty
-The Telegraph New Delhi: An expert panel has ranked Gujarat 12th among states in development, its findings flying in the face of Narendra Modi's claims but winning endorsement from economists The Telegraph spoke to. The committee, headed by Raghuram Rajan who has since been appointed Reserve Bank governor, assessed states on the basis of 10 criteria, which included many human development indicators. Bengal came 16th. Economist and Planning Commission member Abhijit Sen, who...
More »Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
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