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Welfare policies & electoral outcomes-Zoya Hasan

-The Hindu There is no disparagement of subsidies in Madhya Pradesh and Chhattisgarh because those who attack the social welfare policies of the Congress regard them as examples of good governance by a party of the Right Three propositions dominate explanations of the Congress party's rout, the Bharatiya Janata Party's impressive victory and the Aam Aadmi Party's stunning success in Delhi in the recent Assembly elections. One, that there is a strong...

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Policy for Punjab's Agriculture: Will It Deliver? -Sukhpal Singh

-Economic and Political Weekly Punjab's new agriculture policy based on a report prepared by the Committee for Formulation of Agriculture Policy for Punjab focuses on yield enhancement and market orientation instead of demand-driven agriculture. While the report talks about the need for diversification, it does not bother to analyse the failure of earlier policies. The report is on the whole short on analysis and long on recommendations. Sukhpal Singh (sukhpal@iimahd.ernet.in) is with...

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No rethink on subsidised LPG: Moily

-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...

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Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana

-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...

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The focus is now on the fiscal deficit -Renu Kohli

-Live Mint The big question is whether commitment made by Chidambaram-to contain fiscal deficit at 4.8% of GDP-will be met With the current account deficit in check, the spotlight is now on the second major macroeconomic problem that needs to be fixed: the fiscal deficit. The big question is whether commitment made by finance minister P. Chidambaram in the budget-to contain the fiscal deficit at 4.8% of gross domestic product (GDP)-will be...

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