-NDTV The Modi government is finally getting some flak, as it should, for its confused economic policies, epitomised by the demonetisation blunder last year. Despite relatively favourable circumstances (including good monsoons and a decline in international fuel prices), the rate of economic growth is declining quarter after quarter. For manufacturing, it is even close to zero, according to the latest estimates. Statistics related to employment and wages are even more worrying....
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Beyond the lament -K Srinath Reddy
-The Indian Express Gorakhpur was only the acute manifestation of the chronic malady that ails our health system Outrage is a natural reaction to the terrible tragedy that cruelly crushed the lives of many innocent children in Gorakhpur. However, outrage is a wasted emotion if it is not accompanied by honest introspection to identify all contributory causes and followed by a cluster of corrective actions. The deaths of these children were caused...
More »BharatNet project: Ground work ready, connectivity not so much -Pranav Mukul
-The Indian Express With optic fibre cables laid in over 65,000 gram panchayats, Centre’s BharatNet project seems on track to achieve its 1,00,000 target by March 2017. However, lack of active connectivity remains a concern. Ahmedabad/ Gandhinagar/ New Delhi: With less than 25 per cent of the 65,475 gram panchayats in the country with optic fibre connectivity having active internet under the BharatNet project, the success of Centre’s push for digital payments...
More »Demonetisation: Politics trumps economics -Deepak Nayyar
-Livemint.com The possible macroeconomic consequences of demonetisation are cause for concern as cash is the lifeblood of the economy It is exactly one month since Prime Minister Narendra Modi announced the decision that Rs.500 and Rs.1,000 notes would cease to be legal tender acceptable for payments in settlement of transactions. There was some provision for exchange or deposit of old notes at banks, but with specified limits on sums and time. The past...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
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