-The Indian Express New NSS data affirms that GDP growth remains the best way to tackle poverty Amid the pervasive economic gloom, provisional data from the 68th round of the National Sample Survey Office’s just-concluded household consumer expenditure survey offers a sliver of good news. According to it, average inflation-adjusted expenditure for July 2011-June 2012 rose by about 4.5 per cent in two years, with the poorest 10 per cent of the...
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Can India Inc. face the truth about the Manesar violence?-G Sampath
-DNA It would be sad if the ghastly violence at Maruti Suzuki’s (MSIL) Manesar plant on July 18, 2012, in which a HR manager died, were to be understood simply as a ‘murderous workers’ vs ‘rational management’ kind of an incident. There is a history and a context to this violence, and how that is understood, and acknowledged, by India Inc. will indicate how serious we are about preventing such incidents...
More »Health versus wealth-Poornima Joshi
-The Hindu The Planning Commission’s perspective on universal health care causes concern Current deliberations in the Planning Commission about actualizing universal health care in the Twelfth Five Year Plan, have invited concerns. There has been a marked thrust on state-funded insurance as opposed to a genuine effort on the government’s part to rebuild public health systems, something that has been a globally time-tested system to ensure health for all. The ongoing discussions are...
More »The growth model has come undone-Mritiunjoy Mohanty
-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...
More »Bihar to spend in 5 years what Gujarat did in 50 years-Pradeep Thakur
-The Times of India An ongoing exercise at the Planning Commission lays bare Bihar's ambitious growth agenda. Its total plan outlay for the 12th five-year plan (2012-17) at Rs 2.69 lakh crore is more than what a fast growing state like Gujarat has spent in the last 50 years. Bihar's projected expenditure in the next five years will be the third highest among all states, next only to Andhra Pradesh and Maharashtra. The...
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