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Rajan panel wasn't unanimous in framing underdevelopment index

-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor Raghuram Rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...

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Debts killed 1.98 lakh farmers in a decade: Report -Chetan Chauhan

-The Hindustan Times About 1.98 lakh farmers committed suicide in India between 2001 and 2012 as the benefits of high growth failed to trickle down to the rural areas, says the India Rural Development Report 2012-13 released on Thursday. Indebtedness and lenders confiscating land have been attributed as the main causes of the farmers' deaths. Around two-third of the farmer suicides were reported from Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh and Chhattisgarh. Depicting the...

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Raghuram Rajan Committee report demolishes Modi's claims of development in Gujarat -Kartikeya Sharma

-India Today The BJP's prime ministerial candidate Narendra Modi is going to fight the next general elections on the development plank, and he puts forth Gujarat as the model of development. At public meetings, he has been appealing to other states and the Centre to follow his model. But the latest index released by the Finance ministry may prove to be a pinprick. It shows Gujarat has not done as well...

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Progress blow to Gujarat -Basant Kumar Mohanty

-The Telegraph New Delhi: An expert panel has ranked Gujarat 12th among states in development, its findings flying in the face of Narendra Modi's claims but winning endorsement from economists The Telegraph spoke to. The committee, headed by Raghuram Rajan who has since been appointed Reserve Bank governor, assessed states on the basis of 10 criteria, which included many human development indicators. Bengal came 16th. Economist and Planning Commission member Abhijit Sen, who...

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President seeks clarifications on ordinance protecting convicted lawmakers

-The Times of India NEW DELHI: President Pranab Mukherjee on Thursday sought clarifications from senior Cabinet ministers on the justification for bringing an ordinance that allows convicted lawmakers to hold on to their seats in Parliament and state legislatures. The President, who was forwarded the ordinance cleared by the Cabinet on Tuesday, sought clarifications separately from home minister Sushil Shinde, parliamentary affairs minister Kamal Nath and law minister Kapil Sibal. The inquiry came...

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