-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...

-Hindustan Times E Sreedharan says he also doesn’t agree that the Indian Railways has made rapid progress. He cites that apart from bio-toilets, there has been no technical upgradation and accident record has not improved either. Having revolutionised the way urban people commute, Elattuvalappil Sreedharan, 86, a retired civil engineer, has taken up the challenge of laying down standards for the metro rail system. In an interview with Ramesh Babu, the ‘Metro...

-The Hindu The government could heed residents’ voices on redesigning the city Over the last few days, Delhi residents have been protesting against the government’s approval for felling over 14,000 trees in south Delhi. Faced with severe criticism, the National Buildings Construction Corporation, tasked with redeveloping half a dozen south Delhi colonies, on Monday assured the Delhi High Court that no trees would be cut for the project till July 4, which...

-India Today Noida: The Delhi High Court has put a stay till July 4 to not to cut any more trees in the Capital, putting on hold a controversial mega-project in the city to make way for government officers' houses and a commercial complex. India Today has the exclusive statistics of a status report prepared by the Forest Department officials of the Delhi Government on 17,000 trees to be cut for the...

-Hindustan Times According to the 2011 census, 45% of India’s total workers are employed in the non-agricultural sector. This number excludes those who work as either cultivators or agricultural labourers Employment generation (or the lack of it) will probably be the biggest issue in next year’s general elections. India’s employment challenge is broadly perceived as one of moving agricultural workers to remunerative jobs in the non-farm sector, and rightly so. With a...