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A policy drought

-The Hindu Business Line Distracted by elections, the country’s alarming water crisis has been overlooked As India’s water crisis gets visibly worse with every passing summer, it is clear that the bureaucracy and policymakers are not working to find immediate and long-term solutions. This time, the apathy seems to have worsened due to the ongoing elections. In Maharashtra and Kerala, for instance, the administrations have taken refuge in the ‘model code of...

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India must complete its reform process in next five years: Arvind Panagariya

-PTI India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give “serious thought” to privatising the public sector banks (PSBs), eminent economist Arvind Panagariya has said, emphasising that the reform process must be completed in the coming five years. Panagariya, who had served as the first Vice Chairman of the NITI AAYog from January 2015 to August 2017, was responding to a question...

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NYAY to be implemented without additional taxes on middle class: Manmohan Singh

-The Hindu Business Line The former PM added that the economic stimulus that NYAY will provide will further help in fiscal discipline India's nearly $3 trillion economy has the fiscal capacity to absorb the expenditure to fund NYAY, the minimum income support scheme promised by Congress Party, without the need for any new taxes on the middle class, former Prime Minister of India, Dr Manmohan Singh, said. NYAY scheme -- announced by Congress...

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NYAY: No bridge between two Indias -R Ramakumar

-Frontline.in A closer look at the Congress party’s proposed income transfer scheme. “Two Indias are being created. One of the rich and the other of the poor… we are going to bridge these two Indias. And we are going to make sure that this one India that is formed has opportunity for all…. The idea is that you take the India of opportunity, you grow that India. Then you take some of...

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Unemployment: Why Amitabh Kant and Surjit Bhalla are Wrong -R Ramakumar

-Newsclick.in The arguments put forward by the two government advocates to disparage the NSSO’s thwarted report only serve to create a smokescreen so that any meaningful debate on unemployment becomes impossible. In 1965, P. C. Mahalanobis, who founded India’s modern statistical system, wrote a famous article titled “Statistics as a Key Technology” in the journal The American Statistician. One argument in the paper was as follows. Prior to the emergence of science...

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