-The Economic Times NEW DELHI: Before populism spikes in the run-up to the general elections, the Planning Commission has cautioned states against doling out freebies such as free laptops, tablets, and mobiles in the name of development spending and instead asked them to focus on schemes related to infrastructure development. "This year's message is basically that states must have much more efficient functioning of the inclusiveness scheme. Since a lot of the...

-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...

-The Economic Times NEW DELHI: A study commissioned by the Planning Commission to validate the growth estimates of the Twelfth Five-Year Plan has thrown up a rather depressing outlook for the economy, sending alarm bells ringing in the government. An independent think tank, the National Council for Applied Economic Research (NCAER), has pegged average annual growth for the Twelfth Plan at a mere 4.8%, if the present logjam in policymaking continues. The NCAER...

-Down to Earth About nine million women went out of the job market in the rural areas between 2009-10 and 2011-12, a grim facet of the employment crisis in the countryside The dismal trend in India's jobless growth story was reinforced when the National Sample Survey Office (NSSO) of the ministry of statistics and programme implementation released the highlights of its 68th round of its surveys, conducted from July 2011 to June...

-The Times of India NEW DELHI: A United Nations (UN) report has warned India that it is at greater risk by opting for public private partnership (PPP) mode of investment for raising its public infrastructure where the government has less control over its executing private partners and the latter has little interest in long term safety of the projects. A UN study, the Global Assessment Report (GAR) on disaster risk reduction, released...