-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
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On offer: Cost-effective measures to rid India of air pollution -E Somanathan
-The Hindustan Times Delhi has the dubious distinction of being the world's most polluted city. In fact, the entire country, including the rural areas, is heavily polluted as anyone who has taken a flight in India knows. The fog that engulfs north India in winter is largely a consequence of the smoke particles in the air on which water condenses easily. Why have matters been allowed to reach this state? One...
More »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...
More »How mid-day meals go up in smoke -K Umashanker
-The Hindu With supply of LPG refills turning inadequate, majority of govt. schools depend on firewood for cooking, resulting in health issues among students Chittoor (Andhra Pradesh): The tall claim of the government of successful implementation of the mid-day meal schemes in schools appears frivolous in the district as the supplies of provisions are given a short shrift. Despite twelve LPG cylinders per annum are being provided to each school, over 80...
More »LPG subsidy may soon go for the rich, Arun Jaitley says
-The Times of India NEW DELHI: If you are economically well off, you may soon have to pay full market price for your Cooking Gas refills. "The next important decision India will have to take is whether people like me ... (are) entitled to get our LPG (liquefied Cooking Gas) subsidy," finance minister Arun Jaitley said here on Friday. "I think the sooner we are able to take these decisions as to who...
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