-The Business Standard Hailstorms may cause Rs 12k-cr crop damage, El Niño a bigger worry India's hope rally will be at risk if El Niño actually strikes this year. Even if a reformist government comes to power in May, global weather forecasts seem to suggest India is faced with the prospect of an erratic rainfall, as a result of the waters of the Pacific Ocean warming (known as the El Niño effect). It...
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The poor never had it so good -Subir Roy
-The Business Standard The dominant theme in the pre-election discourse is that misrule by the United Progressive Alliance (UPA) in its second term has led to sharply lower growth of gross domestic product (GDP), which Narendra Modi will reverse, the way he has made Gujarat shine. But the evidence on hand does not support this correlation between the quality of national political leadership and growth performance. If anything, there is...
More »Universal pension for Indians -Kenneth Apfel
-Live Mint Economic transformation calls into question whether family-based support will continue over the next century Many of India’s growing elderly population face serious financial challenges. It is imperative that India institute a long-term strategy to strengthen the economic security of the elderly. While steps have been taken to provide pension security for some citizens, India still has a very long way to go to prepare for the future. As a very...
More »India's right to health-Nitin Desai
-The Business Standard The Congress party's suggested right to health, if implemented, would be a game-changer This is the season for party manifestos with their vague and quite unexciting promises. But in this sea of platitudes, sometimes something stands out that is worth talking about, because, if implemented, it would be a game-changer. For me this is the reported inclusion of the right to health in the Congress party's manifesto. It is well...
More »Election spending to push up GDP numbers by 0.3%
-The Indian Express Candidates are expected to spend up to R11,000 crore collectively Election spending by candidates and the state machinery for the upcoming General Elections is expected to bring about only a marginal rise in the GDP growth of the world's largest democracy. Poll expenditure, which is estimated to touch Rs 11,000 crore by candidates in the country's 543 Lok Sabha constituencies could increase the country's gross domestic product by about...
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