-The Hindu It is premature to speak of a ‘new Bihar' based on the experience of a compressed time-frame Rekindling Governance and Development: Edited by N. K. Singh, Nicholas Stern; HarperCollins Publishers, A-53, Sector 57, Noida-201301. Rs. 699. The editors of this book have gathered a panel of stellar luminaries to valorise their notion of ‘The New Bihar'. Learned, laudatory essays extol the sea-change wrought by the NDA government since it came to...
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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
More »Dipa Sinha, a right to food campaigner interviewed by Elizabeth Roche
-Live Mint The right to food campaigner talks about the importance of the Bill in an interview The National Food Security Bill (NFSB) is just a signature away from becoming law after being passed by the Rajya Sabha on Monday. It was passed by the Lok Sabha on 26 August and needs the President's signature to be enacted. Critics have dismissed the proposed legislation as a drain on India's resources. Dipa Sinha,...
More »How Chhattisgarh managed to achieve and look beyond roti, kapda and makaan-Raman Singh
-The Economic Times I have often been asked how Chhattisgarh manages the contradictory pulls of sound fiscal health and welfare schemes. How did we manage to roll out food and nutrition security to not just the most needy among us but to almost the entire population of a state that has had a history of malnutrition and neglect, without jeopardising Chhattisgarh's finances? As finance minister for the last eight years, I have...
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