-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...

-The Hindustan Times The rural development ministry would be asking the Prime Minister's Office (PMO) to relax norms to acquire land for projects by scrapping mandatory consent provision for public private partnership (PPP) projects and reducing it to 50% from the existing 80% for private acquisition. The slew of changes in the land acquisition law 2013 for Prime Minister Narendra Modi's approval means that consent of half of the affected families would...

-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

-The Hindu   Even decades after independence, the introduction of a ‘secret ballot' for labourers to recognise trade unions remains elusive The National Democratic Alliance government, on June 5 and June 17, notified the proposed amendments to the Factories Act, 1948 and the Minimum Wages Act, 1948. Given that the process of amendments began in 2008 and went through a number of expert committees, one would have expected the amendments to be carefully...

-The Tribune Chandigarh: There is nothing much for Punjab in the Union Budget. In fact, it has left important issues pertaining to state's fiscal health and economy untouched. As far as Punjab is concerned, the Union Budget is disappointing," said eminent economist Sucha Singh Gill. The Budget has left state's debt issue untouched. When Pranab Mukherjee was the Finance Minister, he had proposed to set up a special committee at the Union Government...