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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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Slimming Down -Sudha Pillai

-The Indian Express   Reduce Centrally sponsored schemes, specify their objectives and timelines.    A Niti Aayog taskforce chaired by Madhya Pradesh Chief Minister Shivraj Singh Chouhan has apparently recommended that 25 per cent of the funds under Centrally sponsored schemes (CSS) be made available to states as untied monies. If this recommendation is accepted, states would receive a total of Rs 42,000 crore during 2015-16 itself. This recommendation should be viewed in...

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Drought at our doorstep -Koride Mahesh

-The Times of India HYDERABAD: Telangana appears to be heading towards a drought. Half of the monsoon season is over and apart from the initial days of rainfall, the state has had a dry spell. Water levels in reservoirs are dropping rapidly and many towns are facing a drinking water crisis. In rural areas, the crisis is in the form of dying crops and a looming threat of fodder shortage. In fact,...

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Policy with a farmer’s face -Ashok Gulati

-The Indian Express It is necessary to rescue public policy from its elitist bias, bring agriculture to its centre There is seldom any Independence Day speech where the prime minister, from the ramparts of the Red Fort, does not thank the jawans and kisans for their heroic role in securing our borders and ensuring food security. This year is unlikely to be different. Recall Lal Bahadur Shastri’s famous slogan, “Jai Jawan,...

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12 million people have no cooking arrangements in India, says study

-Down to Earth Around 12 million people in India have no proper cooking arrangements. The situation is worse in urban India where around seven per cent of households lack cooking arrangements while in rural India over one per cent of households is deprived of the facility. The facts were revealed by the National Sample Survey Organisation (NSSO) report based on the 68th round of survey. Maharashtra (3.8 per cent) and Andhra Pradesh...

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