-The Hindu As the government pushes for ‘Make in India’, it could begin by unmaking the damage the post-1991 reforms inflicted on domestic industry. This year marks 25 years since the so-called “economic reforms” were launched in July 1991. By now, broad contours of the policies and practices that characterised such reforms are well known, viz. radical deregulation, marketisation and privatisation of the industrial, technological and financial sectors, and an across-the-board...

-The Times of India NEW DELHI: The Centre is hopeful that the bill to utilize close to Rs 40,000 crore currently locked in the Compensatory Afforestation Fund Management and Planning Authority (CAMPA) will be passed by wide consensus in the forthcoming winter session of Parliament. The funds have been lying utilized following a 2009 order of the Supreme Court and the government intends to ensure that they are accessed by states and...

-Livemint.com Govt likely to appeal ruling that requires it to offer level playing field to domestic and foreign manufacturers Geneva/New Delhi: A World Trade Organization (WTO) panel has ruled against India in a dispute raised by the US over the country’s solar power programme, requiring the government to offer a level playing field to both foreign and domestic manufacturers of solar panels. India is likely to appeal against the dispute settlement panel’s ruling,...

-The Hindu Various states are making quick progress in solar capacity addition Chennai: Though Gujarat and Rajasthan are at the forefront of solar power development in the country, other states are also making rapid progress in harnessing energy from sun. Presently, Gujarat and Rajasthan account for over 50 per cent of India’s grid-connected solar energy capacity additions. However, states such as Madhya Pradesh and Maharashtra are also catching up fast, supported by...

-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...