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Indian Internet economy all set to explode: study -Shalini Singh

-The Hindu Internet’s contribution to GDP will grow from $30 billion to $100 billion by 2015 The Internet has established its role as a powerful economic force multiplier with a new study projecting that its contribution to India’s GDP will explode to $100 billion (Rs. 5 lakh crore) by 2015 from $30 billion (Rs.1.5 lakh crore) at present. The study on the “Impact of Internet on the Indian Economy” by McKinsey, which is...

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In Defence of Public Education-Manabi Majumdar and Kumar Rana

-Economic and Political weekly Drawing on the research on basic education in West Bengal, this essay argues the case for a much criticised public education system, which needs to be reconsidered as regards its potential as a provider of quality education, even while addressing its many failings. The essay follows an approach, both critical and constructive, that underlines the collective onus of the public in realising the value of the public...

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Let’s not overrate foreign investment -Pulapre Balakrishnan

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

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Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak

-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...

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Terror-struck J&K sarpanchs quit -M Saleem Pandit

-The Times of India SRINAGAR: With the second killing of a sarpanch in a fortnight on Sunday by terrorists, the print media in the Valley, and particularly Urdu newspapers, published scores of advertisements from rattled panchayat chiefs on Tuesday announcing their resignations, in response to militants threats to quit or face the consequences. There were more than 50 such advertisements in Urdu newspapers with panchayat chiefs displaying their resignations. However, deputy commissioner...

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