Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects. Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade & Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in...
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Sitting on a land pile, government plans policy for sale, lease by Vikas Dhoot
The government, the largest owner of landed property in the country, is preparing a comprehensive land sale policy to raise revenues and check corruption in government-owned property deals. The finance ministry will shortly move a cabinet note for bringing in a new uniform policy on 'land alienation' by government agencies, with an eye on removing discretionary powers of individual ministers and bureaucrats, said a government official. In big cities, large tracts...
More »States can grow 1% for every 10% new Internet connections
-PTI Economies of Indian states can grow 1.08% faster with every 10% increase in Internet and broadband connections, says a study released today by Indian Council for Research on International Economic Relations (ICRIER). Consequently, for every 10% increase in Internet and broadband penetration, India could potentially add $17 billion to the Gross Domestic Product (GDP), the report said. "Our first major finding is the existence of a positive and significant coefficient on Internet....
More »RTE fails to lift learning outcomes by Prashant K Nanda
Third report in three months to highlight lack of quality education in India; poses risk to knowledge hub hopes Nearly two years after the Right to Education (RTE) Act was introduced with the promise of providing free and compulsory education to all primary school children, the learning outcome in the country has actually deteriorated in terms of quality. In yet another wake-up call for policymakers, the 2011 Annual Status of Education Report...
More »The magic number
-The Economist A huge identity scheme promises to help India’s poor—and to serve as a model for other countries INDIA’S Economy might be thriving, but many of its people are not. This week Manmohan Singh, the prime minister, said his compatriots should be ashamed that over two-fifths of their children are underfed. They should be outraged, too, at the infant mortality, illiteracy, lack of clean drinking water and countless other curses that...
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