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Against the grain -Harish Damodaran

-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...

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Nehruvian budget in the corporate age -Jean Drèze

-The Hindu The Budget overlooks the fact that human capabilities are as Important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

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Subsidy to promote organic dairy products

-The Tribune Chief Minister pushes for crop diversification, says will provide farmers all help Chandigarh: Chief Minister Parkash Singh Badal today said the state government would provide 50 per cent subsidy to farmers willing to rear cows for producing organic dairy products, besides setting up a board to sort out issues and requirements pertaining to organic farming. Addressing participants on the concluding day of the National Organic Farming Convention here, Badal said the...

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Unique initiative for mentally-ill patients -Shiv Sahay Singh

-The Hindu West Bengal: A unique initiative involving the West Bengal Health Department and a non-government organisation here on Monday has brought hope to mentally ill patients of Kolkata's Pavlov Hospital. Ostracized by society and abandoned by their family members, patients of the biggest mental health facility in West Bengal can now dream of financial independence and a life beyond the confines of the hospital. A memorandum of understanding for Dhobhi Ghar,...

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Of Bold Strokes and Fine Prints: Analysis of Union Budget 2015-16 by CBGA

-Centre for Budget and Governance Accountability (CBGA) This publication highlights a range of pertinent issues primarily focusing on social sectors (such as education, health, drinking water and sanitation, food security etc.) and the responsiveness of the Union Budget towards the vulnerable sections of the population, (such as, women, children, dalits, adivasis, religious minorities, persons with disabilities and the Urban Poor). In addition, a number of Important issues pertaining to taxation, renewable...

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