-India Infoline News Service Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...
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You were wrong, My Lords -Avijit Chatterjee
-The Telegraph The debate around Yakub Memon’s hanging highlights the many cases of people who were hanged but who should have lived. Indeed, the Supreme Court admitted in 2009 that it had wrongly sentenced 15 people to death in 15 years. Avijit Chatterjee looks at some cases It was a mistake, the Supreme Court later said. But by then it was too late. Ravji Rao, or Ram Chandra, had been hanged to...
More »Let us now make more food in India -Pulapre Balakrishshnan
-The Hindu Business Line Agriculture development and food security form the foundation of manufacturing growth. Modi must realise this Prime Minister Narendra Modi’s exhortation ‘Make in India’ would make perfect sense till we realise that by ‘making’ he means manufacturing. But could it be that his focus on manufacturing may come a cropper if we do not ensure that agriculture is placed permanently on a sound footing? The history of the great...
More »Centre plans 10,000km push for road sector -Dipak K Dash
-The Times of India NEW DELHI: The government plans a mega push to the crucial road sector and has raised the target to award projects to 10,000 km in the current financial year as well injecting up to Rs 4,000 crore to complete projects stalled due to lack of funds. The plan, which is being steered by Prime Minister Narendra Modi, also includes the move to allow private developers to exit projects...
More »CAG rips into famed Gujarat growth model
-The Times of India GANDHINAGAR: The Comptroller & Auditor General (CAG) of India report tabled in the state assembly on Tuesday raised several question marks on the much-famed Gujarat Model. The report tore apart the tall claims of the state government led by former chief minister Narendra Modi on agricultural growth, social indicators and spent on social infrastructure, fiscal discipline, right to education, and law and order situation. The report observed that Gujarat's...
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