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India is a country with pervasive inequality, pockets of deep dePRIvations and vulnerable populations -Shoko Noda

-The Indian Express The 2019 Human Development Report points to the limits of economic growth in lifting all boats. It also offers a way forward. Grappling with Delhi’s poor air quality for these last couple of months, I have become aware of a stark difference in the way I cope with air pollution, and the way many others do not — because they cannot. Despite the growing evidence detailing the catastrophic impact...

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Serious questions confront policymakers. Yet data are not reliable enough for them to be answered -Arvind Subramanian & Josh Felman

-The Indian Express Running an economy, especially one that is in a predicament such as India’s today, is infinitely more complicated and the data demands are hence commensurately greater. A Data Big Bang effort along the lines proposed here would make that difficult task less challenging. As the government responds to the challenges posed by the economic slowdown, there’s an ignored area of reform, where simple measures could have potentially big payoffs....

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Demonising the legal system won't help -Rukmini S

-The Hindu Some of the existing laws are already too harsh and some other provisions are not being implemented The killing of the four men accused of the rape and murder of the Hyderabad veterinarian will need to be properly investigated, though the Telangana police’s conduct thus far does not inspire confidence. Ever since the police first turned away the victim’s family when they went to lodge a complaint, they demonstrated no...

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Climate change behind spike in onion PRIce every alternate year: Study -Nagesh Prabhu

-The Hindu Researchers from Institute for Social and Economic Change say PRIce will stabilise only by March 2020 Bengaluru: The PRIce of onion in the country spikes every two years and this is largely triggered by a series of factors, including drought, late arrival of monsoon, floods, crop failure, and supply disruptions, according to a recent study. The current sharp spike in onion PRIce is expected to continue till at least March...

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CII suggestion to Revenue Secy: Focus on consumption, investment

-The Indian Express CII recommended adoption of an expansionary fiscal policy to allow fiscal deficit to increase by around 0.5 per cent to 0.75 per cent of GDP, which will give government additional fiscal space of Rs 1.1 lakh crore to Rs 1.6 lakh crore. In a pre-Budget consultation meeting with Revenue Secretary Ajay Bhushan Pandey, the Confederation of Indian Industry (CII) shared its pre-Budget Memorandum recommendations, focusing on providing impetus...

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