The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...
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Centre's rush to clear industrial projects will impact environment -Darryl D’Monte
-The Hindustan Times The entire framework for monitoring environmental compliance is being dismantled systematically. This is a process that actually began with the UPA government, which replaced the feisty environment minister Jairam Ramesh with the more pliant Jayanthi Natarajan. With industry lobbies still crying wolf, she too made way for Veerappa Moily, the petroleum and natural gas minister, without the UPA seeing anything contradictory in someone holding both those responsibilities. In just a month,...
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-The Business Standard Government is diluting green regulations, not reforming them In his speech from the Red Fort on Independence Day, Prime Minister Narendra Modi said many sensible things about Indian manufacturing. It is certainly true that it must be a focus area for his government. As a proportion of India's gross domestic product (GDP), the share of Indian manufacturing peaked in 1996-97, at the pitifully low percentage of a little over...
More »Number of temporary workers in government jobs seen rising -Prashant K. Nanda
-Live Mint A report finds that 44% of govt employees are temporary, and share of permanent workers is declining New Delhi: At least 44% of government employees are temporary and the number of such workers is rising, leaving them without access to social security benefits and in some cases depriving them of minimum wages. The size of the government workforce is on the decline and so is the share of permanent workers,...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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