-The Indian Express Families of some Punjab farmers who committed suicide get half the amount govt promised, many others yet to get any. Punjab: In March 2009, the Punjab government had cleared Rs 2 lakh as compensation to the families of every farmer who had committed suicide since 2000. This was also part of the ruling party's 2012 election manifesto. So far, however, the government has compensated only a section of them,...
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FM to shun populism, bat for fiscal prudence -Mahendra Kumar Singh
-The Times of India NEW DELHI: The UPA government is expected to announce a minor increase in the outlays for social sector schemes, while leaving the overall Plan expenditure for 2014-15 around the same level as the Budget estimates for the current fiscal. In what may be seen as shunning populism for a more pragmatic fiscal plan, Finance minister P Chidambaram is in fact expected to penalize several poor performers, who...
More »GDP estimates show worst may be over
-The Hindu Agriculture and allied sectors show improvement The Central Statistical Office (CSO) released on Friday estimates of 2013-14 Gross Domestic Product (GDP) growth, pegging it at 4.9 per cent. In 2012-13, the economy grew at 4.5 per cent, the lowest in a decade. Since the growth during the April-September 2013 was 4.6 per cent, a full-year CSO estimate of 4.9 per cent implies that the economy is expected to grow at...
More »Can higher interest rates tame India's food inflation? -Dipak Dasgupta
-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...
More »Last ditch attempt -Jitendra
-Down to Earth UPA gives sops under MGNREGS to attract rural voters ahead of elections WITH most of its recent schemes struggling, a desperate UPA government is pinning its hopes on Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to win votes in 2014 elections. The government is overhauling the employment scheme that helped it return to power in 2009 for a reason. It touches the lives of over 55 per cent...
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