-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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India wants funding, tech in Paris text -G Ananthakrishnan
-The Hindu The pact will have framework on pledges by countries Paris: As talks on the text of the Paris agreement began on Tuesday, Indian negotiators said they were introducing provisions in it for a technology and financial mechanism that will make it possible to raise low-cost capital and widely deploy renewable technologies. On Tuesday, the focus was on making technological collaboration written into the Paris deal, Ajay Mathur, Director-General, Bureau of Energy...
More »Cash Transfers: Miracle or Mirage? -Pramit Bhattacharya
-Livemint.com The success of cash transfers will depend on how well the government addresses design bugs The recent economics conclave hosted by the finance ministry in the capital has rekindled the debate on cash transfers in India. Among the invitees to the conclave was one of the most vocal critics of India’s transition to direct cash transfers, Jean Dreze, a development economist and an advisor to the erstwhile United Progressive Alliance (UPA)...
More »Sangh Parivar turns its ire on FDI -Vikas Pathak
-The Hindu SJM leader says the nation is capable of growing on its own strength and capital With the Swadesh Jagran Manch, an RSS-front to espouse the cause of Swadeshi, questioning the NDA government’s relaxing of FDI norms in 15 sectors, the government is witnessing opposition from within Sangh Parivar circles to its bid to attract investment. Meanwhile, the Bharatiya Mazdoor Sangh (BMS) — the Sangh’s arm active among workers — has written...
More »Slums and the story of India's housing crisis -Avikal Somvanshi
-Down to Earth The rate at which informal housing is being destroyed probably far exceeds the rate at which formal housing is being constructed Troubled by the degradation of environment on and around railway tracks, the National Green Tribunal (NGT) recently directed Delhi government to relocate all illegal settlements along tracks in Delhi. The tribunal reasoned that the residents of these settlements practise open defecation and litter on the tracks. Housing of the...
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