-The Indian Express Government must address the stress in the rural economy, seen in falling wages and incomes, which could reverse recent progress in rural areas Last year in February, Prime Minister Narendra Modi had exhorted voters to vote for his party in the Delhi assembly election, claiming that his victory in the general election had brought luck to the country. Unfortunately, the voters of urban Delhi were not convinced and...
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Subsidies: Plug subsidy leaks to help fiscal consolidation
-Business Standard Conventional subsidy bill of Rs 2.44 lakh crore, or 1.7 per cent of GDP, in 2015-16 If lower tax rate is equivalent to subsidising, the National Democratic Alliance government is clearly targeting the 'well-off' segment of the population. Unlike the previous years, the Economic Survey 2015-16 has dealt with the issue of subsidy by giving only a box on petroleum subsidies, while devoting a chapter with nine-and-a-half pages to 'Bounties...
More »Jats think they’re backward; there’s a reason -Harish Damodaran
-The Indian Express Agriculture doesn’t pay that much, land is no longer the source of Power it once was, and the community has failed to keep up with a changing India. The Jats conform fully to the idea of a ‘dominant caste’, a term the eminent sociologist M N Srinivas used to refer to any community that is both numerically strong in a village or local area, as well as wields...
More »WTO rules against India in solar Power case
-PTI Geneva: Ruling against India, the WTO today said the government’s Power purchase agreements with solar firms were “inconsistent” with international norms — a matter in which the US had filed a complaint before the global trade body, alleging discrimination against American firms. The US had dragged India to the WTO on this issue in 2014, alleging that the clause relating to domestic content requirement (DCR) in the country’s solar Power mission...
More »SC bins intelligence audit plea
-The Telegraph New Delhi: The Supreme Court today cited a possible dent in national security to dismiss a public interest plea that had sought a directive to ensure that the accounts of the country's premier intelligence agencies were audited to make them accountable to Parliament. "We feel a judicial order to audit the agencies will create a dent in our functioning and security. This would lead to a dangerous situation," a bench headed by...
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