-The Hindu Amitabh Kant attributes downshift to spate of measures including GST, RERA and IBC New Delhi: A spate of reforms undertaken by the government has led to the current slowdown in the country, Amitabh Kant, the CEO of policy think-tank NITI Aayog, said on Friday. This came as a note of caution from the senior official as he was advocating a series of policy decisions to revive the economy. Greater liquidity “Firstly, you...
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The makings of a digital kleptocracy -Reetika Khera
-The Hindu When data is monetised, as the Economic Survey advocates, it becomes toxic and harms public interest Last year, I was denied information requested under the Right to Information Act (RTI) 2005. I had sought the names of agencies empanelled by the Unique Identification Authority of India for an “image makeover” and the expenditure on it. It was denied by invoking the exemption clauses of Sections 8(d) and 8(j), respectively, i.e....
More »Why has coal mining been opened up?
-The Hindu The approved methodology for auction of coal mines / blocks for sale will prioritise on transparency and ease of doing business. The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand. * What is the significance of the move? The government has termed it the...
More »Goa's iron ore reserves may exhaust within ten years, opine expert
-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
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