-The Indian Express Indian National Interest requires that our environment be ruined, people displaced, resources thoughtlessly mined, all for the benefit of foreign companies and for the private benefit of people in power. This is the only conclusion that we can draw after reading the recent revelations on Essar alongside the ministry of home affairs (MHA) affidavit in the Delhi High Court responding to Greenpeace activist Priya Pillai's plea that her...
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No clean slate -Arvind Virmani
-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...
More »Farmer deaths choking exchequer, UP eyes insurance firms to ease ‘burden’ -Mohd Faisal Fareed
-The Indian Express Lucknow: Having spent over Rs 1,100 crore from the state exchequer in the last two years to pay compensation to the kin of farmers who have committed suicide, the state government has now decided to rope in private insurance companies to streamline the scheme and share the burden. Till now, the state revenue department was paying Rs 5 lakh to the kin of each farmer who died of unnatural...
More »Small industry needs a better policy deal -Pradeep S Mehta
-The Hindu Business Line A flexible approach to collateral will improve access to bank funding. Red tapism too is a perennial concern If the Make in India campaign has to be successful and help many in our country, we need to focus on enabling small units to function and contribute. A major problem small and medium units face is that of finance. Banks and financial institutions are always very wary of assisting them...
More »The Meaning Of Vikas -Reetika Khera
-Outlook The BJP government needs to understand that "vikas" means growth and development, not growth alone. The new government that came to power with the promise of "vikas" has launched an unrelenting attack on social welfare programmes and legislations. In October 2014, there was a rumour that NREGA would be restricted to some districts. Though the changes proposed have not been implemented, NREGA is in danger of dying a slow death...
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