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Realty sector: Getting the foundation right

-The Indian Express As several steps taken by the Centre for the sector hangs fire, clarity and implementation of ‘Housing for All’ scheme would be the key for its success. The Union Cabinet approved its flagship ‘Housing for All’ scheme this week, with a 2022 target and a renewed emphasis on the low-income group categories by way of relaxed income limits and higher interest subvention. While the government seems to have struck...

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Varun Gauri, Senior Economist, Development Research Group at the World Bank, interviewed by Anjuli Bhargava

-Business Standard The World Bank's latest report "Mind, Society and Behaviour" calls for re-designing development policy based on a more realistic understanding of how human beings think and behave. The lead author of the report, Varun Gauri, was in New Delhi and spoke to Anjuli Bhargava on the thinking behind the report and what India can do with it. Edited excerpts: * Right from the cover design to the title, this report...

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Begin With Gram Sabha -TR Raghunandan

-The Indian Express It can be strengthened —by the collection of Taxes at the local level, for instance. Democratic decentralisation, conceived two decades ago, seems to be a lost cause at first sight. Beyond lip service by politicians, neither panchayats nor municipalities have captured the public imagination as viable, responsive, accountable institutions of government. Just after the Karnataka panchayat elections, which ended on June 2, the continued disempowerment of local governments is...

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Modi government cuts social sector allocations to states by half to promote cooperative federalism

-The Economic Times BENGALURU: As the central government devolves more fiscal freedom to the states, they seem to be cutting allocations to social sectors, especially agriculture and allied areas in response, according to the initial findings of a study. The Narendra Modi administration wants to empower states further as part of a push toward cooperative federalism. Finance Minister Arun Jaitley's February budget cut allocations to the states by more than half in...

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Kerala’s tea planters say hit by ‘worst crisis in 100 years’

-The Economic Times KOCHI: Hit by a slump in prices of tea and rubber, the plantation industry in Kerala has suggested a series of measures including a three year moratorium on Taxes, a single window clearance system for diversification projects under the permission to use 5% land for activities other than plantations and purchase of one lakh kg of tea a week from Kochi auctions by the Kerala State Civil Supplies...

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