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Divestment goal achievable; LIC IPO to fetch ₹1 lakh crore: CEA

-PTI/ The Hindu Inflation targeting helped in lowering volatility, level of inflation, he says Asserting that the disinvestment target of ₹1.75 lakh crore for 2021-22 was ‘eminently achievable,’ Chief Economic Adviser (CEA) K. V. Subramanian on Saturday said the proposed initial public offering (IPO) by LIC itself could garner ₹1 lakh crore for the government. He also said targeting of retail inflation by the Reserve Bank of India (RBI) has helped bring down...

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Tamil Nadu’s distinct growth path is in peril -Kalaiyarasan A and M Vijayabaskar

-The Hindu The political emphasis on welfare interventions is insufficient to address the emerging developmental issues in the State A major concern in contemporary Indian development is the widening socio-economic disparity across groups and regions. Even when regions perform relatively better in one developmental dimension, it does not often translate into all round development. For instance, Himachal Pradesh and Kerala might have attained better levels of human development but that has not...

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Niti group works on new policy to regulate civil society groups, member says for ‘healthy partnership with govt’ -Karishma Mehrotra

-The Indian Express The working group includes Joint Secretaries of the Financial Action Task Force division of Department of Economic Affairs as well as the Counter Terrorism and Counter Radicalisation Division/Combating of Funding of Terrorist Cell in the Ministry of Home Affairs. A NITI Aayog group is working on a national policy to regulate civil society organisations following directions from the Prime Minister’s Office. Constituted in September last year, the Working Group for...

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India’s true self-reliant entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee

-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new Economic Policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...

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Lest We Forget: One Year After the Labour and Migration Crisis

-Press release by Working Peoples Charter (WPC) Network dated 23rd March, 2021 A statement on the condition of India’s migrant workforce one year after the COVID-19 lockdowns 24 March marks the anniversary of India’s harsh nationwide COVID-19 lockdown when we witnessed an unparalleled impact on the country’s poor, particularly internal migrants who comprise a 140 million-strong workforce. In 2020, India saw the largest urban-rural exodus in its history, with millions of workers...

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