-The Hindu Health Minister asks doctors to call off strike, urges Mamata Banerjee to resolve impasse; IMA calls nationwide strike for June 17 against assault in Kolkata hospital. Hospital services were affected in different parts of the country on Friday as a doctors’ agitation that began in West Bengal following an assault on medical professionals spread to the national capital, Kerala, Hyderabad, Chandigarh and even Jammu and Kashmir. While 300 doctors in West...
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India's GDP growth: New evidence for fresh beginnings -Arvind Subramanian
-The Indian Express Methodological changes have led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 and 2016-17. Actual growth is around 4.5 per cent. The promise of democracy is the periodic opportunity it creates for fresh beginnings. A government re-elected with such a resounding mandate should continue with the successful aspects of its economic policies. The most notable has been promoting economic inclusion via the public provision of...
More »As days go by, the impact of Cyclone Fani appears more severe
Initial media reports suggest how timely interventions by various official agencies in Odisha prevented loss of human lives when Cyclone Fani hit that state on 3rd May. However, it is essential to also take into account recent official reports by different agencies, which indicate that the impact of the cyclone has been quite severe. A situation assessment report on the impact of Fani cyclone dated 15th May, 2019, which was released...
More »YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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