-The Hindu The NDA's first budget has thrown a few sops in the direction of the environment and the millions dependent on it. But much like its predecessors, in painting the big picture it remains embarrassingly devoid of innovative ideas on how to move India towards ecological sustainability and justice "While 2015 will be a landmark year for sustainable development and climate change policy, 2014 is the last chance for all stakeholders...
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India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »Government calls all-party meet to relook on Land Acquisition Act
-The Economic Times Most state governments have sought a relook at UPA's Land Acquisition Rehabilitation and Resettlement Act, 2013, pushing the Centre into convening an all-party meet, probably as early as the next fortnight. A consensus at the meeting of all parties heading state governments will let the Centre amend the law in the current monsoon session itself. This revision of the land law is imperative for the Centre to execute major infrastructure...
More »The good is in the detail -S Gurumurthy
-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
More »No going back on MGNREGA -Nikhil Dey and Aruna Roy
-The Indian Express The budget will reveal whether the BJP is committed to this transformative programme. Mohandas Pai, currently an advisor to the BJP government in Rajasthan, was asked on television how the government could "control" social sector expenditure, more specifically on the MGNREGA. He answered that the NDA should simply learn from and follow former Union minister P. Chidambaram's policy of "benign neglect". Clarifying further, he explained how the UPA...
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