-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

-The Financial Express MGNREGA must be tweaked in implementation, not design. Before his tragic demise, the Union minister for rural development, Gopinath Munde, gave a clear indication of the new government's priorities on MGNREGA. Both these priorities are vital: using the programme for the creation of productive assets to combat drought and poverty and ensuring timely payment of wages. More than two decades of liberalisation and high economic growth have left India...

-The Hindu   Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...

-Down to Earth   Officials admit that MGNREGS and rural road development programmes suffered shortcomings in UPA regime Senior officials of ministry of rural development have gone into a huddle following questions regarding the performance of various ministries thrown by Narendra Modi, who will take oath as prime minister on May 26. The cabinet secretary has asked secretaries of different ministries to prepare a power point presentation on why benefits from a number of...

-Financial Chronicle   Forecasts on possible monsoon behaviour are not very encouraging. There is a possibility of El Nino factors causing further problems. More recently, our farmers in parts of north and central India experienced the fury of hailstorms and heavy rains. Climate change further complicates the possibility of providing accurate advance estimates of monsoon behaviour. This is not only true in our country, but also around the world. California, for example,...