-The Hindu The Planning Commission needed to be returned to its first purposes, to its transparent and audacious planning for an India progressing without old enervations and new injustices to prosperity. Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall. The 18th century nursery rhyme, its original probably a riddle, is loved for the one image it invokes - a great fall. The picture of a dumpy egg, of a being...

-The Business Standard What must replace the Planning Commission An announcement of note in Prime Minister Narendra Modi's Independence Day speech from the ramparts of Red Fort was the much-anticipated end of the Planning Commission. A full 23 years after India ushered in reforms that reduced emphasis on central planning, the crucially important organisation of the statist era will finally be dismantled. Both as signalling and as policy, this needs to be...

Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken “as early as possible.” “I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,” he told journalists on...

Planning Commission’s affidavit to the Supreme Court states that adjusting for inflation, the poverty line for an urban person is Rs 32.5 per day per person and for a rural person it is Rs 29.3 per day per person. This has raised an outcry in media and the urban middle class, who consider them outrageously low. Based on these poverty lines, Planning Commission estimates that there are 40.74 crore persons...

-The Business Standard   Too many baseless conclusions are being drawn from bad data The Planning Commission, the ministry of statistics and programme implementation, the Central Statistical Organisation (CSO) and the National Sample Survey Organisation (NSSO) are being overseen by some of the brightest minds in the Indian government for many years now. Both together and individually they have made a travesty of the data being brought out, debated and used for...