-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
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Unsafe after sunset -Milan Vaishnav & Neelanjan Sircar
-The Hindu Perceptions of public safety in India are not driven by urbanisation per se; rather, these are likely driven by the infrastructure and amenities associated with the largest cities in India One of the most Important functions of a modern state is to provide for basic law and order. Indeed, this idea emerges from some of the early foundational tracts on state authority, especially the work of sociologist Max Weber, who...
More »Goa's Mining Logjam -Pamela D’Mello
-Economic and Political Weekly The stage is all set for the resumption of iron ore mining in Goa after it was suspended in the state in 2012, to curb its indiscriminate and illegal mining. The Goa government's decision to renew the mining leases comes at a time when the economics of iron ore mining have changed and environmental concerns have gained more prominence. Pamela D'Mello (dmello.pamela@gmail.com) is a Goa-based journalist. The state government...
More »Why organic farming has not caught up yet in India -Enamul Haque and Amir Hashmi
-The Hindu Business Line Farmers don't get premium for their produce in the initial stages during transition to this agriculture Development of organic agriculture as an alternative tool to address the ill-effects of chemical-based cultivation practices is a recent phenomenon in India. It had achieved dramatic progress in the beginning but could not maintain the pace. The growth of organic agriculture in India has been accomplished by three categories of farmers. The first...
More »We will crowd-source our budget from Delhi's citizens, says Arvind Kejriwal
-PTI New Delhi: In a novel initiative, the Aam Aadmi Party government has decided to involve common people in making Delhi's budget for 2015-16 so that financial allocation can be made based on requirement of various areas. The government also hinted at undertaking an "austerity drive" and reviewing "functioning of unnecessary departments" to plug the wastage of resources. Chief Minister Arvind Kejriwal told the Delhi assembly that after taking people's opinion on the...
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