-Outlook Sydney: The OECD today said India needs to address its infrastructure shortfalls and pervasive state control in business activities, among other things, to maintain robust growth. In its 'Going for Growth' report, the Organisation for Economic Co-operation and Development (OECD) called for structural policy reforms to boost growth. "To maintain robust growth, India needs to address its infrastructure shortfalls, pervasive state control in business activities and unequal access to quality education. "It also...

-The Hindu There is little transparency in the regularisation of unauthorised colonies in Delhi Earlier this week, acting on behalf of the Delhi government, the Chief Minister wrote a letter to the President asking for a probe against the former Chief Minister, reportedly for "alleged irregularities in the regularisation of unauthorised colonies in Delhi". This follows the Delhi Lokayukta's finding in November 2013 that the "issuance of the PRC [provisional regularisation certificates]...

-The Indian Express Centre's flagship housing scheme has failed to take off in Mumbai Mumbai: With the Rajiv Awaas Yojana (RAY), the Union government's flagship scheme for ‘slum-free India' by 2022, proving to be a non-starter in Mumbai, the state government now plans to ask the Centre to concede to a separate set of norms for the city. This would include reducing the cut-off year for eligibility, demand for increasing the Centre's contribution,...

-The Hindu The report of an RBI-appointed committee on financial inclusion and financial deepening has stimulated a wide-ranging debate on these crucial areas. However, policy measures initiated by the government and the RBI while adding to the numbers of new bank branches, new accounts and so on did not really enhance the quality of such inclusive practices. In September last year, the RBI asked the committee chaired by Nachiket Mor...

-The Times of India NEW DELHI: Government spending of over Rs 46,000 crore on infrastructure augmentation under UPA's flagship JNNURM scheme seems to have improved key indicators of urban life in India and reached the poorest of poor. The recent National Sample Survey Office (NSSO) data shows that over 90% of slumdwellers feel water drainage, sewerage and garbage collection and disposal have improved. The NSSO also said 24% of slums had benefited...