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Cyclone Hudhud caused Rs 21,908 crore loss, agriculture sector worst hit: Andhra government

-DNA Hyderabad: The Hudhud cyclone that had hit Visakhapatnam in Andhra Pradesh in October has caused a loss of Rs 21,908 crore, including damage to the tune of Rs 6,136 crore to private industries in the port city, the state government told the Legislative Assembly on Hyderabad. Making a statement on Hudhud today, Deputy Chief Minister N China Rajappa said the human loss in the devastating cyclone which made a landfall on...

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Learning from the Ernakulam experiment -S Krishna Kumar

-The Hindu Other States in India can study how the family planning programme has worked in Kerala and incorporate those features in their own programmes The recent tragedy of several women losing their lives in the state-sponsored tubectomy camp in Takhatpur, Chhattisgarh, has caused severe damage to the national family planning programme. This, however, is not an invalidation of the importance of sterilisation as an integral part of the programme, but only...

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Pranab Bardhan, emeritus professor of economics at the University of California at Berkeley interviewed by Pramit Bhattacharya

-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...

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Dividend or nightmare -Santosh Mehrotra

-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...

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PMO orders huge cuts in social sector spending for 2015-16 -Jitendra

-Down to Earth Employment guarantee, rural road and sanitation schemes among those likely to be affected The upcoming budget will see social sectors face huge cuts in funds. Ministries concerned with infrastructure works, on the other hand, will be given with more funds. These include ministries of shipping, road and transport, telecom and power. The Prime Minister's Office (PMO) has directed the Union Ministry of Finance to include these budget adjustments in the...

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