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Achchhe din's worst day

-The Telegraph The Central Statistics Office reported today that economic growth sank to a three-year low at 5.7 per cent, striking at the core of Prime Minister Narendra Modi's promise of achchhe din. The sharp slowdown is a result of the two biggest disruptive measures taken by the Modi government: demonetisation and the goods and services tax. The double whammy has badly crimped factory output and squeezed the services sector. The GDP growth...

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Economic growth likely to be consumption-led

-The Hindu Business Line Strengthening of global demand will support domestic economy: RBI Kolkata: The Reserve Bank of India, in its Annual Report 2016-17, has said strengthening external demand will help support the economy, even while favourable domestic conditions are expected to quicken the pace of overall economic activity during the year. Global growth is gaining traction in 2017-18, with the recovery driven primarily by a cyclical upturn in investment, manufacturing and trade,...

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Supreme Court curbs on states' land largesse to politicians, bureaucrats -Amit Anand Choudhary

-The Times of India NEW DELHI: State governments may not be able to allot residential plots in cities to serving and former MPs, MLAs, bureaucrats, journalists and judges of their choice by exercising their discretionary power as the Supreme Court on Wednesday decided to frame guidelines for allotting public land at subsidised rates. Expressing concern over state governments' decision to allocate plots to well off people while lakhs of poor people do...

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Uttar Pradesh's child death crisis -Ramanan Laxminarayan

-Livemint.com The Gorakhpur tragedy must be seen against the larger backdrop of public health failure in Uttar Pradesh The recent tragedy of more than 85 children and newborns who died in Gorakhpur has, not for the first time, put the spotlight starkly on the country’s ailing public health system. The lack of all things important to human settlements—sanitation, disease surveillance, primary healthcare, tertiary hospitals, resources, life-saving equipment, political will and public health...

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Non-Performing Govt Schools Should Be Handed Over To Private Players: Niti Aayog

-PTI Non-Performing Govt Schools Should Be Handed Over To Private Players: Niti Aayog Government think tank Niti Aayog has recommended to hand over non-performing or "hollowed" government schools to private players under the public- private partnership (PPP) mode. The Aayog, in its recently released "Three-year action agenda", has recommended that the idea, where the private sector adopts government schools while being publicly funded on a per child basis, can be explored. According to the...

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