-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
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Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni
-The Hindu Business Line Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...
More »Adding another national regulator will not help environment -Chandra Bhushan
-Down to Earth India needs second-generation reforms in environmental governance to protect environment and community rights and reduce transaction costs for industry After more than two years of flip-flops by the Union Ministry of Environment and Forests (MoEF), the Supreme Court (SC) gave a deadline of April 30, this year to the ministry to start the process of setting up a national environmental regulator under the Environment (Protection) Act, 1986, with offices...
More »Heading towards a cliff -Kundan Pandey
-Down to Earth As India elects new government, the 12th Five Year Plan may no longer be pro-poor MUCH hope is pinned on the 12th Five Year Plan that was declared as the first health Plan by Prime Minister Manmohan Singh. The United Progressive Alliance (UPA) government, while drafting the Plan, also termed it "pro-poor" and promised the maximum budget for social welfare schemes. But as the Plan comes into force this...
More »Average Indian lives longer now: WHO
The latest WHO report entitled World Health Statistics 2014 delineates the performance made on the health front by India vis-à-vis other nations between 1990 and 2012. It also presents the challenges that the new government at the Centre should try to resolve. In India, life expectancy at birth (both sexes, in years) has increased from 58 in 1990 to 66 in 2012. While life expectancy at birth for men rose from 57...
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