Business/Economy
Defence-industrial base: Building capacities - Indian Express
In ending the public sector’s monopoly over aircraft production, the first meeting of the Defence Acquisition Council (DAC) under the new Union government turned out to be highly significant.
Govt to unleash food reforms to fight subsidies, inflation - Zia Haq, Hindustan Times
In an attempt to tackle runaway prices and subsidies, the NDA government has decided to gradually avoid purchasing more grains than are needed to distribute to the poor, while asking states not to offer market-distorting cash incentives to farmers. If implemented, the overdue reforms would mark a significant break from past food policies, which have been a major source of both inflation and subsidies.
India's problem with land - Devesh Kapur, TV Somanathan & Arvind Subramanian, Business Standard
Capital, labour, or land? Which of these is the binding constraint is one diagnostic question the new government should be asking itself as it seeks to revive the sputtering Indian growth engine. We ignore public institutions – a manifest binding constraint – because the issues they raise are too complex to be addressed here.
National Solar Mission back with a bang - Shreya Jai, Business Standard
After facing delays, trade disputes and industry tiffs, the Jawaharlal Nehru National Solar Mission (JNNSM) appears to be back on track. The ministry of new and renewable energy (MNRE) has issued guidelines for setting up 1,500 Mw of solar power plants, the largest tender issued till now. It has also roped in NTPC Vidyut Vyapar Nigam (NVVN) to expedite the phase and meet the mission's targets.
Agriculture is all about horticulture - Ashok Gulati, Business Line
In the Indian economy, where almost half of an average household’s expenditure goes toward food and where half of the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to GDP now hovers around 14 per cent.
NDA government gives Aadhaar a new lease of life - Raju Rajagopal, Mint
Just a few weeks back it seemed like the end of the road for the Unique Identification Authority of India (UIDAI) and Aadhaar. Politics appeared to have the upper hand and the Bharatiya Janata Party (BJP) seemed poised to let all the time and resources spent in creating the world’s largest biometric ID system go down the tubes.
Defence's basic skew - Premvir Das, Business Standard
The much awaited budget for 2014-15 is now in the public domain. Its several positives and negatives are being argued in the media by experts of varying hues - some raising or inverting their thumbs and flashing numbers on placards - but the focus of this column is on the defence budget, which impacts directly on the readiness of the country's armed forces to safeguard its territorial integrity.
A Budget, not a moon shot - Ajay Chhibber, Business Standard
Given the frenzy in the run-up to the Budget from the media, the pundits and the various lobbies, you would have thought we were landing the first Indian on the moon. Yet the Budget, when it did come out, was no moon shot. But it was nevertheless a good first attempt, given what the new government had to deal with in such a short time, and leaves the door open for more significant reforms and a more defining budget to come.
Climbing the beanstalk: Career centres can fill the gap - Anirudh Krishna, IE
Tucked between the tax breaks and FDI declarations in the Narendra Modi government’s inaugural budget sits a nugget of a new programme announcement: Rs 100 crore to develop career centres by upgrading employment exchanges, especially in traditionally underserved communities.
'India slips 10 spots in innovation to 76th position' - Subodh Ghildiyal, Times of India
The land of Aryabhatt and Raman seems to have stopped innovating. According to a new global report, India has slipped in innovation by ten places to 76th position in the world this year even as its peers improved their positions. 
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