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The perils of RBI's fixation on inflation -Pulapre Balakrishnan

-The Hindu The central bank’s shift of focus from financial stability to inflation targeting could have led to regulatory infirmity Inflation is back in the news and Attention has willy-nilly turned on the Reserve Bank of India (RBI). This would lead us to recognise what the central bank is mandated to do and assess how much of its objective it actually achieves. The establishment of some of the world’s oldest central banks was...

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Won't back fiscal tightening currently: Abhijit Banerjee -Ajeet Mahale

-The Hindu Nobel laureate Abhijit Banerjee says the deficit numbers are a bit imaginary, not a big deal if breached Mumbai: Nobel laureate Abhijit Banerjee has said that he would not back fiscal tightening in the current economic environment. Prof. Banerjee added that the real constraint to the state of education in the country in the current climate of economic slowdown was not lack of money, but the lack of Attention paid to...

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NRC, NPR wasteful exercises: 106 retd bureaucrats in open letter

-The Indian Express “At a time when the economic situation in the country warrants the closest Attention of the government, India can ill afford a situation where the citizenry and the government enter into confrontation on the roads,” said the letter. New Delhi: As many as 106 retired bureaucrats on Thursday issued an open letter, saying both NPR and NRC were “unnecessary and wasteful exercises” that will cause hardships to public. The...

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A battle over welfare: On Delhi Assembly polls

-The Hindu The AAP will hope that the Assembly polls are a referendum on its government’s work Delhi, the Union Territory (UT) that hosts India’s capital city, might lag behind several States in total population and in area, but it enjoys outsize significance in terms of media and political Attention. With 1.47 crore electors spread across the largely metropolitan national capital region and its pockets of rural voters in some suburbs, Delhi...

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Hunger, gender bias challenge

-The Telegraph Female labour force participation in India is declining and currently stands at 17.5% Hunger and gender inequality pose two key challenges as India tries to achieve the objectives pledged under the Sustainable Development Goal, a report released by the Niti Aayog said on Monday. India is one of 193 countries that have pledged to end, among other things, poverty, hunger and gender inequality by 2030. Since last year, the Niti Aayog...

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