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Mumbai, Delhi are not really ‘smart cities’, says global survey -Moushumi Das Gupta

-Hindustan Times New Delhi: The national capital is not “smart”, neither are financial capital Mumbai, information technology hub Bengaluru and eastern India’s biggest city Kolkata. They actually wallow at the bottom of a global livability survey of 181 cities. The 2016 Cities in Motion Index (CIMI), prepared jointly by the Barcelona-based University of Navarrara’s IESE Business School and the Centre for Globalisation and Strategy, found Indian cities floundering on most parameters that...

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Job growth at a snail’s pace -Santosh Mehrotra

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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The forgotten ones: Looking at agricultural labourers -Sukhpal Singh & Shruti Bhogal

-The Tribune While there are have been debates about the plight of farmers, hardly have we ever heard or read anything about the condition of agricultural labourers. They are the victims of economic downturn in the rural sector. THE economy of Punjab today, embroiled in various economic issues, is showing signs of crisis in the agrarian sector. We often hear and read about the woes of the farmers who are committing suicides,...

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Activists, Academics Write Open Letter to PM Modi on the Drought

-TheWire.in According to the central government’s statement to the Supreme Court last week, a third of the India’s districts are currently facing a severe drought. This means that at least 33 crore Indians are affected by ongoing the crisis. Expressing their deep concern on the issue and the impact it is having on rural populations of the country, and asking that the government take appropriate relief measures immediately, more than 150 academics...

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