-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

-The Hindu Technical glitches in the unique identification method make it unreliable in disbursing wages under the employment guarantee scheme   Within a few weeks of “Aadhaar-enabled” payments of Mahatma Gandhi National Rural Employment Guarantee Scheme wages being initiated in Jharkhand, earlier this year, glowing accounts of this experiment started appearing in the national media. Some of them also gave the impression, intentionally or otherwise, that this successful experiment covered most of Jharkhand....

-The Business Standard   Lopsided fertiliser policy is damaging farm output Even as the indifferent monsoon is threatening to affect crop sowing in the current season, the recent spike in the prices of some fertilisers and related developments in the fertiliser sector are adding to disquiet over kharif production prospects. The government’s move to slash subsidies on non-urea fertilisers early this year, coupled with the rupee’s depreciation, has led fertiliser companies to substantially...

-The Economic Times Heaps of dusty files continue to grow in government buildings and sensitive papers are mysteriously lost, leaked or dramatically reduced to ashes in fires while the six-year-old plan to modernise and digitise governance remains tied up in what it should eliminate - red tape. The latest casualty was the Union home ministry, where a fire was reported on Sunday, days after a blaze engulfed Mumbai's Mantralaya, killing people and...

-The Telegraph Governor M.K. Narayanan today said he was given “legal advice” that the Singur bill did not require presidential assent — an observation the government has seized upon in its search for a scapegoat. Absence of presidential assent was one of the key reasons cited by a Calcutta High Court division bench last week to strike down the Singur law. The state government today spoke of looking at “other alternatives” alongside...