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India must fight US-WTO designs to block Growth of solar energy -Raghu

-People’s Democracy In the last week of February, a panel set up by the WTO’s Dispute Settlement Body ruled against India on a complaint by the US in early 2013 that India’s Domestic Content Requirement (DCR) for some solar power projects violated WTO prohibitions on measures that result in “less favourable treatment” of international trade partners. The panel was ruling on an appeal by India in response to the original injunction...

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The budget’s dangerous philosophy -Harsh Mander

-Livemint.com The government relies on for-profit big business to deliver public goods despite their inability to deliver Can we listen to the budget as an annual public statement by the government of its economic and social philosophy and intent? The centre abandoned five-year plans that earlier laid down a road map of where government policies are headed. The budget, then, is an important reality check of whether the government is literally...

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'Agri Growth Can End Poverty'

-The New Indian Express BHUBANESWAR: Eminent agricultural economist Ashok Gulati on Monday emphasised on higher Growth in agriculture sector for faster reduction of poverty. Addressing the second Odisha Knowledge Hub (OKH) lecture series on ‘Getting agriculture back on track in the Growth agenda of the Nation and State’ at the Secretariat here, Gulati said the agriculture sector has the potential to grow at five per cent per annum as against the present...

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Manufacturing isn’t the villain in India’s jobless Growth story -Roshan Kishore

-Livemint.com Manufacturing is the biggest positive contributor to aggregate employment elasticity in the country, a fact which might appear counter-intuitive to many New Delhi: One of the biggest criticisms of India’s high Growth trajectory this century has been its failure to generate jobs. Economists attribute this phenomenon to a decline in employment elasticity of output, which means that the same amount of output Growth creates fewer jobs than it used to....

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How reforms killed Indian manufacturing -Ashok Parthasarathi

-The Hindu As the government pushes for ‘Make in India’, it could begin by unmaking the damage the post-1991 reforms inflicted on domestic industry. This year marks 25 years since the so-called “economic reforms” were launched in July 1991. By now, broad contours of the policies and practices that characterised such reforms are well known, viz. radical deregulation, marketisation and privatisation of the industrial, technological and financial sectors, and an across-the-board...

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