-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
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The permanence of temporary workers -Narendar Pani
-The Hindu Business Line The unique needs of those who work in cities even as they maintain homes in the village must be addressed by policymakers Cities bring with them a sense of permanence. Many of them have been around for hundreds of years. Some of their more memorable institutions too tend to have long histories. It is no surprise, then, that most of urban policy takes aspects of a city to...
More »Mumbai, Delhi are not really ‘smart cities’, says global survey -Moushumi Das Gupta
-Hindustan Times New Delhi: The national capital is not “smart”, neither are financial capital Mumbai, information technology hub Bengaluru and eastern India’s biggest city Kolkata. They actually wallow at the bottom of a global livability survey of 181 cities. The 2016 Cities in Motion Index (CIMI), prepared jointly by the Barcelona-based University of Navarrara’s IESE Business School and the Centre for Globalisation and Strategy, found Indian cities floundering on most parameters that...
More »What does the ongoing drought teach us -Kunal Shah
-Hindustan Times With progressively increasing severity of rising temperatures and rain deficits over two consecutive years – 2014 and 2015, the Great Indian Drought was always coming. The India Meteorological Department, ministry of home affairs, the ministry of water resources, the Ministry of agriculture and farmers welfare office, and the National Disaster Management Authority knew it. The question is, what did we do with this knowledge? Six hundred million of India’s 1.2 billion...
More »Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
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