-Livemint.com A key condition for the success of road rationing is that alternatives are easily available A big debate on urban transport policy has been triggered by the decision of the state government of Delhi to restrict automobile usage according to the licence plate number. The plan is to significantly reduce vehicular traffic by allowing odd and even numbers to ply the roads on alternate days. Given the city’s atrocious air...
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China’s reversal of one-child policy will have economic implications
-Hindustan Times In the 1970s Deng Xiaoping explained that China’s one-child policy was being introduced to ensure “the fruits of economic growth are not devoured by population growth”. Last week, Chinese leader Xi Jinping’s rationale for officially abandoning the policy was the reverse: To ensure economic growth is not wrecked by population decrease. But it is probably too late to change China’s demographic future. China’s population has begun to age — and age...
More »The spectre of suicide -V Sridhar
-Frontline As rural Karnataka reels under an unprecedented wave of suicides by farmers, the State administration looks on, unwilling to address the reasons that have rendered rural livelihoods fragile. DEATH stalks rural Karnataka. In the 41 days between July 1 and August 10, as many as 245 farmers committed suicide, an average of six a day; since April 1, 284 farmers have taken their lives. As a bewildered State government gropes...
More »Forget Inflation Targeting -Prem Shankar Jha
-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
More »In poor health -Nandita Murukutla
-The Indian Express Reducing preventable disease should be a developmental priority. Government needs to invest in a healthier future. Indians are famous for our savings mentality. The 2014 Towers Watson Global Benefits Attitude Survey found that Indians had the second-highest savings rate, after the Chinese. We save for a variety of reasons, to create a safety net and to yield returns in future. While there is a time to save, there...
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