-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

-Live Mint   Prakash Javadekar's environment ministry proposes reduction in parameters defining forests as inviolate New Delhi: On a day it took the environment approval process online, the new government proposed diluting the norms for allowing industrial units in forest areas, moving to clear a logjam in project mandates that industry groups allege has contributed to declining economic Growth. Not only will it make the process of environment clearances easier, the norms, once changed,...

-Deccan Chronicle   New Delhi: Seeking to turnaround the agriculture sector, the Centre is likely to make a major shift in restructuring schemes to focus on small and marginal farmers. The Union agriculture ministry is also seeking to replicate the Gujrat and Madhya Pradesh models in giving a major push to the agricultural Growth, which has remain at below four per cent level in the recent years. The likely change in the agriculture policy...

-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...

-The United Nations   In the aftermath of the global economic crisis, more than 70 per cent of the world population is without proper social protections, the United Nations labour agency today reported, urging governments to scale up investment in child and family benefits, pensions and other public expenditures. "The global community agreed in 1948 that social security and health care for children, working age people who face unemployment or injury and older...