-The Hindu Business Line A government run by a bevy of economists with no sense of the ground reality made mistakes. Some really big ones As the new government settles down to tackle the myriad problems confronting it, it's worth taking a quick glance at the principal reasons for the spectacular unravelling of the UPA-2 government. A defining characteristic of UPA-2 was that it was led by an economist and supported by prominent...
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Will tax hike reduce tobacco consumption in India?-R Prasad
-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...
More »A full plate for Modi-Raghuvir Srinivasan
-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
More »UPA out, rural ministry plans to scale down NREGA -Brajesh Kumar
-The Hindustan Times What was inconceivable only few days ago in the corridors of the rural development ministry is now openly being pitched for - how to scale down UPA government's brainchild NREGA. Ministry officials are busy drawing up a blueprint for the new government to tweak NREGA in a bid to increase the efficiency of the 2006 rural job guarantee scheme. Some of the proposed changes include a focus on select blocks...
More »Direct Benefits Transfer scheme finds no place in Cong’s campaign-Ruhi Tewari
-The Indian Express According to sources, DBT barely figured in the party's manifesto consultation process or during discussions After launching it with much fanfare and touting it as the next electoral game-changer, the Congress seems to have distanced itself from its ambitious Direct Benefits Transfer (DBT) scheme. There has also been a discernible dip in the UPA government's interest in the scheme, which has manifested itself in no review meetings having taken...
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