-Business Standard Environmental activist and water expert Himanshu Thakkar tells Aditi Phadnis that India needs a comprehensive water-use policy immediately. * You are quoted as saying that India is in the grip of its worst hydrological crisis ever. Isn't that a bit drastic? After all, India has endured endemic water scarcity in many parts of the country for several years now. What makes you so pessimistic? I do not think it is statement...
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Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
More »Public health’s in the infirmary -Imrana Qadeer and Sourindra Mohan Ghosh
-The Hindu Business Line The priority for this government is to promote the medical care market, not ensure universal healthcare for the majority Those at the helm of policymaking in the country have been, for some time, strongly advocating austerity as the principle for public expenditure policies, particularly for the social sectors. Arvind Panagariya, the vice-chairperson of the NITI Aayog, suggests that “for just three-quarters of a per cent of the GDP”, 0.76...
More »Marathwada's drought: In the midst of severe economic downturn, private water sellers reap profits in Latur -Tushar Dhara
-FirstPost.com Latur: A city with a population of five lakh, Latur offers a peek into a possible dystopian future for the rest of India. In the middle of the most severe drought of the past half century, everything here revolves around water. Social gatherings, family outings, VIP visits and administrative meetings are all connected in some way to water scarcity and ways to address it. Unless a solution to the water...
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