-Business Standard No 'smart city' will be created in the next five years, though a successful programme could see several smart colonies come up across the country The National Democratic Alliance government's ambitious Smart Cities programme will at best be able set up only 100 pilot projects in the first five years. Contrary to general perception, no 'smart city' will be created in the next five years, though a successful programme could...

-The Times of India A recent report by a data consultancy owned by the Financial Times of London created a stir by estimating that India is now the most favorite destination for foreign direct investment, beating China and the USA. The fine print indicates that they are talking about "estimated capital expenditures" in greenfield, that is, new ventures. By this estimate, India attracted $31 billion compared to China's $28 billion in...

-Business Standard India’s growth in agriculture and allied activities has struggled to reach the targeted four per cent average a year in the first three years of the 12th five-year Plan because of a host of factors. The below-average farm growth is widely expected to deepen the crisis in the farm sector. In an interview with Sanjeeb Mukherjee, newly-appointed member of NITI Aayog and eminent agriculture economist Ramesh Chand  said over-reliance...

-The Times of India NEW DELHI: Despite liberalization of the insurance sector, only around 21.6 crore people - less than one-fifth of India's population - are covered under health insurance. Even among those who have some form of coverage, 67% are covered by public insurance companies, according to National Health Profile 2015, compiled by the Central Bureau of Health Intelligence. The report, which has a separate chapter on health financing, shows despite...

-The Times of India NEW DELHI: With India's 40% of the area facing drought situation due to deficient Monsoon rainfall, the government on Wednesday approved additional 50 days of employment over and above 100 days per household per year under the MGNREGA in drought affected areas. The move to increase the days of employment from 100 days to 150 days was approved by the Union Cabinet, which met under Prime Minister Narendra...