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Govt readies booster dose to revive stuttering economy, may target MSME sector -Suchetana Ray

-Hindustan Times India’s economic growth slumped to 5.7% in April-June quarter, which experts attribute to demonetisation that sucked out 86% of the currency in circulation from a largely cash-reliant economy. The government’s expected measures to revive a stuttering economy could mainly target the MSME sector and involve a re-look at public-private project norms to boost investment without breaching its fiscal deficit target for the year, officials involved in the process told HT. Besides,...

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Why Arun Jaitley is unable to cut petrol, diesel prices -Abhik Deb

-The Times of India NEW DELHI: In the last one week or so, the government has actively turned its focus towards reviving the country's economy. On Thursday, news agency Reuters quoted government officials to report that the Centre is planning to spend up to Rs 50,000 crore to arrest the 'economic slowdown'. This report came a day after Finance Minister Arun Jaitley said that the government is considering additional measures to...

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Health equity through transparency and accountability -Oommen C Kurian

-Hindustan Times Healthcare in India could use the help of better data and analysis from both public health systems and private sector interventions Better data is needed to enhance state intervention in health and nutrition and harness the strengths of the well-entrenched private sector to achieve public health goals. To meet the global Sustainable Development Goals (SDGs) over the next 15 years, it is important to measure progress closely and ensure mid-course...

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The return of India's super rich -Rishabh Kumar

-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...

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'Need revenue for public spending,' says Arun Jaitley on high petrol, diesel taxes

-PTI 'If public spending is slashed, it will mean cutting down expenditure on social sector scheme." There is hardly any private investment,' explained Finance Minister Arun Jaitley. Finance Minister Arun Jaitley provided no indication today of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer. States levy a high amount...

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