-The Hindu Digital infrastructure may not be of much help in addressing governance and development concerns unless it is integrated into the wider structural and institutional reforms Digital India is the flavour of the season, and not without any reason. Digital technologies have permeated into more and more aspects of our private and public life spaces. A lot of us increasingly depend on them to order groceries, book a taxi ride or train...
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Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »Congress manifesto: right to health is next on agenda -Kundan Pandey et al
-Down to Earth Grand old party of India renews some old promises and makes some new ones, but will Congress live up to its promises if it wins a third term? The Indian National Congress (INC) presented its manifesto for the upcoming Lok Sabha elections on Wedneday. The manifesto committee claimed the 48-page document was prepared after wide consultations by engaging millions of people, grassroots congress workers and every section of the...
More »The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
More »Lethal ingredients in the Rio+20 mocktail-V Suresh & NS Tanvi
-The Hindu Commodification, commercialisation and financialisation of nature will produce a greedy, not green, economy Over 100 world leaders will meet in Rio de Janeiro this week for the U.N. Conference on Sustainable Development, popularly referred to as Rio+20 Global Earth Summit. It is being held amidst “‘a world running low on drinking water and productive land’ and set against the backdrop of accelerating global warming, climate change, chemical contamination of air, land...
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