-The Hindu The 15th Finance Commission has to take a call on the degree of equalisation that’s feasible In the context of the Terms of Reference (ToR) of the 15th Finance Commission (FFC), certain key aspects relate to (a) the mandate for using the 2011 population; (b) ‘whether revenue deficit grants’ be given at all; (c) the impact of the goods and services tax (GST) on the finances of the Centre and...
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By 2035, Delhi will be almost Mumbai + Kolkata
-The Times of India NEW DELHI: Delhi will overtake Tokyo as the world’s largest urban agglomeration by 2030 and have a population of 43.3 million by 2035, according to a UN report. The same report also predicts that over half of India’s population will live in urban areas by 2050. In 2015, the Delhi urban agglomeration — which includes the capital and its contiguous satellite towns — had an estimated population...
More »India's bureaucracy has failed its forest dwellers -Sanjiv Phansalkar
-VillageSquare.in The country’s particularly vulnerable tribal groups, who live mostly in dwindling forests, have not been well served by the government’s administrative machinery, but have slowly been reduced to virtual serfdom Max Weber, the 19thcentury German sociologist, had extolled the virtues of bureaucracy. India used to celebrate its steel frame governing the country for decades, and which continues to rule us till date, though it is unfashionable to sing its virtues any...
More »Job Growth or number jugglery -Arun Kumar
-The Indian Express The problem is under-employment. It won’t be resolved if the residually-employed are notionally shifted from the informal to formal sector. In an article in January, Soumya Kanti Ghosh and Pulak Ghosh (Ghosh and Ghosh) claimed that seven million new jobs have been created in the formal sector. Their claim is based on the increase in registration under the Employees Provident Fund (EPFO), National Pension Scheme and Employees State Insurance...
More »Cracking the rural consumption puzzle -Aarati Krishnan
-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...
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