-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...

-The Hindu   India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...

-The Hindu   On the first anniversary of the Uttarakhand disaster, here's a look at issues plaguing the fledgling state. On June 16, it will be a year since Uttarakhand experienced its worst natural disaster. It was also a year of loss, of grief, of recovery and of resilience. While those affected continue to cope and rise, we need to look beyond the disaster in order to unravel the contradictions and challenges that...

-The Hindu   The Union Health Minister, Dr. Harsh Vardhan, recently said he "supports" higher taxes on cigarettes and other tobacco products. But even if he were to substantially increase the Tax rates, will it make cigarettes and other tobacco products very expensive and hence reduce consumption? In the case of India, as per the current taxation practices, increasing the tax component is quite unlikely to reduce consumption drastically. This is unlike the...

-The Hindu   That over 27 per cent of tobacco consumers in India fall in the 15-24 year age bracket amply demonstrates how successful the tobacco companies have been in continually enticing the vulnerable sections of the population into the suicidal practice. The addition of new customers every year even as thousands of patrons die annually ensures that the tobacco companies' customer base remains wide and tall. If the global tobacco-related mortality...