-The Hindustan Times Inequality between the richest and the poorest has risen at a faster rate in cities as compared to rural India raising questions over the impact of UPA government's inclusive growth agenda. It was believed that benefits of liberalisation unveiled in 1992 were more for urban India because of increase in incomes for all classes as compared to rural India. The myth seems have been broken by a new Planning Commission...
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Tribal Affairs ministry, MoEF seek more time on diversion of forest land- Urmi A Goswami
-The Economic Times The move to ease diversion of forest land for industrial use by the Prime Minister's Office faces further delay as the ministries of tribal affairs and environment want more time for consultations. A panel headed by principal secretary to the prime minister, Pulok Chatterjee, had decided to dilute the requirement of taking consent from the affected tribal population before diverting forest land. The committee, which submitted its report...
More »Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra
-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...
More »India’s Narendra Modi and the Tale of Two Rapes -Shikha Dalmia
-Bloomberg.com One of the most obscene moments after the death of the gang-rape victim in New Delhi was a tweet by Narendra Modi, the chief minister of the Indian state of Gujarat, offering regret and condolences to the dead woman’s family. Modi, who has quelled restive minorities by allowing attackers to subject women to unspeakable horrors, has done more than any man to numb his prudish country to sexual violence. Yet he...
More »IMF says India shouldn’t rush to give banking licences to conglomerates-Remya Nair and Asit Ranjan Mishra
-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...
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