-The Hindu New Delhi: The measures come a year after the setting up of a "High Power Committee" following a series of media reports criticising the government for being indifferent toward traffic congestion in Delhi. The Ministry of Urban Development on Sunday announced a package of Rs. 19,762 crore for decongestion of the national capital and recommended a set of stringent measures, including the introduction of a Congestion Tax. “The explosive growth in...
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No more flyovers, congestion tax to beat Delhi traffic: Government panel -Dipak Kumar Dash
-The Times of India NEW DELHI: A high-powered government appointed panel on "Decongestion of Traffic in Delhi" has recommended disincentivizing use of private vehicles through deterrent parking pricing and congestion tax. It has also recommended no more huge investment in building flyovers and signal-free corridors. The panel has recommended Rs 20,000 crore interventions through BRTS, buses, walking and cycling infrastructure. Headed by urban development secretary Rajiv Gauba, the committee has noted that 21...
More »Second thoughts on the market model -Pritam Singh
-The Tribune A confession by IMF economists in the flagship magazine stating that the kind of growth promoted by neoliberalism promotes inequality has created a buzz. Once in a while, something unexpected happens so stunningly that one finds it unbelievable in the first instance. A group of three economists in IMF's research department has written a joint paper criticising some key aspects of IMF's creed of neo-liberalism. It appears as unbelievable as...
More »INDIA FOCUS: Drought and drinking water shortage. More than one-third of India is affected. Click here for info and links.
Situation alarming: More than one-third population hit by drought The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...
More »Patently a missed opportunity -Achal Prabhala and Sudhir Krishnaswamy
-The Hindu India’s first IPR policy trots out the worn western fairy tale that more IP means innovation, and encourages the pointless privatisation of indigenous knowledge India’s National Intellectual Property Rights (IPR) Policy, released in mid-May, is a bewildering document. There are two ways to read this policy. The first is as a gigantic exercise in dissimulation, with a terse declaration — India is not changing its IPR laws — tucked inside...
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