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The good is in the detail -S Gurumurthy

-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...

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Bills in crores, Rs 2 lakh marked for patients -Durgesh Nandan Jha

-The Times of India NEW DELHI: Two super-speciality hospitals in the capital have not admitted any patient but auditors point out that both have already spent crores in maintenance. In 2011-12, Rajiv Gandhi Super-Speciality (RGSS) hospital had spent Rs 4.83 crore out of a budget allocation of Rs 5 crore. The following year, the allocation was increased to Rs 6 crore even though the expenditure on medical treatment remained the same -...

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Mean and petty labour reforms -Colin Gonsalves

-The Hindu   Even decades after independence, the introduction of a ‘secret ballot' for labourers to recognise trade unions remains elusive The National Democratic Alliance government, on June 5 and June 17, notified the proposed amendments to the Factories Act, 1948 and the Minimum Wages Act, 1948. Given that the process of amendments began in 2008 and went through a number of expert committees, one would have expected the amendments to be carefully...

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A ‘smart’ idea for urban ills? -A Srivathsan

-The Hindu   The urban future depends on making cities intelligent, and that applies equally to both new and old parts of the city Smart cities, the flagship project of the Bharatiya Janata Party's urban vision, have received a firm financial allocation in the Union budget. The government has provided Rs.7,060 crore to build 100 smart cities as satellite towns on the outskirts of large cities to accommodate the burgeoning urban population. Foreign...

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The US probe of rice trade won’t yield much -Tejinder Narang

-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...

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