-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...
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Decoding the oil price fall -Raghuvir Srinivasan
-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...
More »AP Initiates Economic Empowerment of Women Through Sand Mining -Surya Desaraju
-Outlook AP Initiates Economic Empowerment of Women Through Sand Mining Hyderabad: The Andhra Pradesh government has launched an initiative of entrusting sand mining to women self-help groups, which is essentially expected to curb the thriving sand mafia. The move will ensure economic empowerment of women as part of the government's 'Pedarikam pai gelupu' (victory over poverty) drive and make sand available at a reasonable price to customers. The income generated from sand mining and...
More »Farmer in distress -Bharat Jhunjhunwala
-The Statesman Prime Minister Narendra Modi has expressed anguish over suicides by farmers, whose condition has not improved despite the high rate of economic growth. The reason for this distressing state of affairs is that economic policies are badly crafted. The primary effort of the Government has been to increase agricultural production. The price factor is not taken into consideration, the perception being that the farmer will be better off...
More »Imagining Digital India
-The Business Standard Flagship e-governance project needs more homework The just-approved Digital India project, seeking to deliver all government services electronically in less than four years, has already thrown up object lessons whose implications go far beyond the future of the project itself. The project is vital for the future well-being of every Indian. The information technology industry will be given a boost, too. And it has the benefit of building on...
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