Business/Economy
Firm footing for Aadhaar - Financial Express
Various government initiatives, from direct benefit transfers (DBT) to the DigiLocker and a lot more, remain in a limbo due to the lack of legislative backing for the unique ID or Aadhaar programme—that’s a sad state of affairs for one of the government’s most successful projects that, by the end of the month, will have got over a billion enrolments.
Trai shows the expressway to broadbanding India - TV Ramachandran, Financial Express
It is pertinent to remind ourselves that “like electricity a century ago, broadband will be the foundation of economic growth, job creation, global competitiveness and a better way of life,” (Trai, April 17, 2015). Unfortunately, despite years of discussion, we are only slipping compared to other nations.
Farm economics in budget 2016 - Mint
Finance minister Arun Jaitley said in his budget speech on Monday that the government will reorient its interventions in the farm and non-farm sectors to double the income of farmers by 2022. Though this target may seem unrealistic in a span of six years, the National Democratic Alliance government’s third budget speech was clear in terms of its priority—agriculture.
Will the global energy transition be stalled? - RK Pachauri, Pioneer
The dramatic drop in global oil prices raises questions on whether major changes in the mix of energy for reducing emissions of greenhouse gas will take place within the desired time frame.
Stop complaining and start working - Madan Sabnavis, Financial Express
A common statement made by analysts, rating agencies, multilateral institutions and corporates is that we need to have more structural reforms. There is nothing wrong in asking for more reforms, because striving for the ideal is always good as it brings us somewhere closer if pursued.
Before the Budget 2016 - Nirvikar Singh, Financial Express
The Union Budget, at its core, is a plan of government revenues and expenditures, an accounting exercise conducted within a framework of policy priorities. Certainly, the Budget and its underlying policies can have a huge impact on the economy and even society.
Insurgents in the primaries - Deepak Lal, Business Standard
For the last two months I have been in Los Angeles basking in the unseasonable heat and looking incredulously at the presidential election race, which has seen extraordinary heat and upended all the expectations of the pundits. Starting from about two per cent in June 2015, the two insurgents - the Republican Donald Trump and the Democrat Bernie Sanders - have seen their poll numbers rise to over 30 per cent. Adding the other insurgent Ted Cruz' numbers to Trump's, half the Republican electorate is backing insurgents.
India is an outlier in its tax policy - Praveen Chakravarty & Vivek Dehejia, Mint
The celebrated French economist Thomas Piketty’s recent visit to India caused much consternation for his remarks. He proclaimed that 1) inequality in India is widening, 2) India’s tax-to-gross domestic product (GDP) ratio is abysmally low and 3) the Indian state spends too little on health and education.
Saving Indian agriculture - Pioneer
The upcoming Union Budget, which will be presented on February 29, must focus on the farm sector which has not received the attention it deserves. Agriculture still supports over 50 per cent of the population but contributes only 15 per cent to the Gross Domestic Product and has been crawling at a pace of one to two per cent a year.
Let us all hope for a dull and boring Budget - Swaminathan S Anklesaria Aiyar, Times of India
Once the Budget was the biggest event in February. Now it is just another event, not even as important as a student rally in Jawaharlal Nehru University. No longer does the Budget spell out radical economic policy changes. It has become more routine and boring.
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