-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...
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No One Killed Agriculture
-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
More »Land allergy bites Bengal’s magic pill called ppp-Pranesh Sarkar
-The Telegraph The Bengal government’s hands-off stand on land has found its way into its ppp policy, the public-private partnership mantra that was supposed to neutralise adversities and make the state attractive for investors. The new triple-P policy, notified by the state finance department on June 21, makes it clear the state government cannot acquire land for private investors even if they are willing to partner the state in its pet projects. The...
More »Shackled by timidity-Yoginder K Alagh
-The Indian Express Time to take the bolder steps, bring FDI to small towns When the GDP falls below 7 per cent, we need to start worrying. When it is less than 6 per cent, we must treat it as a crisis situation. Growth models show that the robust investment rates already achieved, and twice the productivity growth achieved in the 1980s and ’90s, will get us 8 per cent growth. This...
More »UPA tactics: Decry the institutions; erode the government's credibility-EAS Sarma
By repeatedly decrying the CAG and trying to malign the person occupying that Constitutional office, the UPA government is weakening an important pillar of democracy and lowering its own credibility Admitting that there is a great deal of uncertainty and a perception of policy paralysis in the government these days, a senior Cabinet colleague of the prime minister recently observed that it was being created by the activities of (Comptroller and...
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