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Against the grain -Harish Damodaran

-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...

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Nehruvian budget in the corporate age -Jean Drèze

-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

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National Health Policy 2015: A Narrow Focus Needed -Javid Chowdhury

-Economic and Political Weekly Since independence, India's national health policies have been aspirational but the end results have been limited. The National Health Policy 2015, which is in the process of being finalised, should, in place of the earlier "broadband" approach, adopt a "narrow focus" on primary healthcare through the National Rural Health Mission. The latter has focused on primary healthcare and has shown visible results. A slew of suggestions as...

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Strong on the social sector side -Yashwant Sinha

-The Hindu Budget making is a complex exercise, especially in a country like India. Therefore, the parameters to judge the annual budget are also many. For me, the arithmetic of the budget is the first. According to the statements made by the Prime Minister and the Finance Minister, one expected the fiscal deficit targets to be adhered to. However the Finance Minister has extended it from two to three years....

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Medha Patkar, social activist, interviewed by Gargi Parsai

-The Hindu Interview with social activist Medha Patkar on why she opposes the Land Bill proposed by the Centre Social activist Medha Patkar has been in the forefront of the struggle for the rights and rehabilitation of project-displaced populations for over two decades, and has relentlessly pursued the formulation of a national rehabilitation policy. She spoke to Gargi Parsai at the site of the agitation in Delhi about the pitfalls in the...

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