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The developing story -Sukumar Muralidharan

-The Hindu Business Line   Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...

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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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With over 18,000 rape accused set free, govt response to Dec 16 film unwarranted: Expert -Aloke Tikku

-Hindustan Times New Delhi: The government decided to bar the telecast of a documentary by British filmmaker Leslee Udwin on the December 2012 Delhi gang-rape, with home minister Rajnath Singh telling Parliament he was "stunned and deeply hurt" when he heard about the controversial interview of one of the convicts. Rejecting a request from India not to telecast the documentary, the BBC aired it in the early hours of Thursday (Indian time). But,...

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Farmer deaths choking exchequer, UP eyes insurance firms to ease ‘burden’ -Mohd Faisal Fareed

-The Indian Express Lucknow: Having spent over Rs 1,100 crore from the state exchequer in the last two years to pay compensation to the kin of farmers who have committed suicide, the state government has now decided to rope in private insurance companies to streamline the scheme and share the burden. Till now, the state revenue department was paying Rs 5 lakh to the kin of each farmer who died of unnatural...

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Rs. 200 Crore in Uttar Pradesh MP Funds. Not Even 1 Per Cent Spent So Far -Niha Masih

-NDTV Lucknow: Some of India's biggest Politicians contested and won the Lok Sabha elections from Uttar Pradesh. But eight months later, they have not spent anything from their Local Area Development Fund (MPLAD). On the list of high-profile MPs from Uttar Pradesh who have spent not a rupee yet from their constituency funds are Prime Minister Narendra Modi, Home Minister Rajnath Singh, Congress President Sonia Gandhi, Congress Vice President Rahul Gandhi,...

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