-Outlook Growth vs development, Bhagwati vs Sen. Both are right, say experts. *** "Can I not talk about Bhagwati, please? I don't like talking about Bhagwati. He loves talking about me, I do not like talking about him." -Amartya Sen, Telegraph "You must ask Professor Sen, not me, why he will not engage in a debate with me.... After all, he is...
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Oil subsidy expected to balloon-Shine Jacob
-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...
More »The Neglect of Health, Women and Justice-AK Shiva Kumar
-Economic and Political Weekly A report on the 2013 deliberation of the Kolkata Group at its 10th workshop which focused on healthcare, the status of women and social justice in India. A K Shiva Kumar (akshivakumar@gmail.com) is convener of the Kolkata Group workshops which are organised by Pratichi (India) Trust, the Harvard Global Equity Initiative and UNICEF India. At the 10th annual Kolkata Group workshop in February this year, 40 policymakers, development practitioners,...
More »LPG cylinders cheaper by Rs 38
-The Telegraph Public sector oil marketing companies yesterday raised the prices of diesel sold to bulk consumers like the railway and defence by Rs 1.20 a litre despite protests in Parliament last week. At the same time, oil companies reduced the price of domestic non-subsidised cooking gas by Rs 38 for a 14.2 kg cylinder. Following the revision, cooking gas will be sold at Rs 933 a cylinder in Calcutta and neighbouring areas...
More »Slash subsidy, raise prices of diesel and LPG: Economic Survey
-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the...
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