-The Hindu   Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-The Indian Express   MGNREGA is beset with failures of planning, execution, monitoring and accountability. This election season, we have seen the BJP seeking the people's mandate on the slogan "sab ka saath, sab ka vikas". The Congress harps primarily on a "we gave you" list. The first in this list is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The 11th Five Year Plan recognised that 30 crore people lived below the...

-The Hindu The Polavaram multipurpose project has faced rough weather with non-compliance of environmental assessment and large-scale displacement The Union Cabinet's resolution last week - to clear the proposal for constituting the Polavaram Project Authority (PPA) - has attracted cautious criticism from the Odisha government. With the general election in full swing and Telangana set to come into being, it is obvious that political parties would leave no stone unturned to gain...

-The Financial Express     MGNREGS fails to deliver on even its own targets   Given how less than a tenth of households applying for jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have ended up getting the guaranteed 100 days of workin FY14-the figure was 14.5% in FY09-it is obvious the scheme is failing under even its own stated goals. At a time when both economic growth and jobs creation is...