NGOs have acquired a certain critical mass and are increasingly becoming powerful voices in public discourse.
Prime Minister's Economic Advisory Council Chairman, C Rangarajan, on Wednesday echoed leading personalities saying the deteriorating quality of governance may come in the way of India achieving high growth on a durable basis.
One more woman died on Saturday and four others were battling for their lives after they were allegedly administered contaminated intravenous fluids in two government hospitals in Jodhpur, where 13 maternal deaths have taken place in last 11 days.
Cash or food, which will better benefit the poor? This deceptively simple looking question is currently at the centre of a sharply bitter dispute.
US Commerce Secretary has appointed Purnima Voria to a new National Advisory Council
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
Trinamool Congress chief Mamata Banerjee has refused to endorse any law that leaves the job of buying 70 per cent of the land to the private sector.
The government is likely to give a legal right to food to both priority and general categories of the population under the proposed National Food Security Act, as suggested by the Sonia Gandhi-led National Advisory Council (NAC).
There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
Reserve Bank on Friday raised key interest rates by 25 basis points, its 12th such hike since March, 2010.
While bankers and experts expect the lending rate to fall by about one percentage point in the near-term, the Prime Minister's Economic Advisory Council has strongly pitched for rate cut by the RBI in its monetary policy review later in the month.
The dismal factory output growth was on the back of a poor performance by manufacturing, mining and capital goods segments.
Prime Minister's Economic Advisory Council Chairman C Rangarajan on Thursday pitched for a "substantial" increase in prices of diesel and cooking gas, saying failure to take strong steps would derail the fiscal consolidation process.
The big budget and big boom National Food Security Bill, which will be to UPA II what the National Rural Employment Guarantee Act and the Right To Information Act were to UPA I, could not be cleared by the Union Cabinet on Tuesday and has been deferred to be taken up in its next meeting.
Perturbed over huge wastage of food on social events in the country, the government has said that it will study the "one-dish" law of Pakistan and similar legislations of other countries to deal with the problem.
With terror threats looming large over the civil aviation sector, an advisory council of experts will be set up soon to deliberate on and recommend measures to step up aviation security.
PM's economic advisory council chairman C Rangarajan has asked microfinance institutions (MFIs) to overhaul their "flawed" business model for sustainability.
The plan could mature into either an umbrella programme for urban youths similar to the Garib Kalyan Rozgaar Abhiyaan or a modified urban-focused version of MGNREGS.
Slow growth of the US and Europe will have some adverse affect on Indian exports.
This is her second intervention, seeking that work done under NREGA be treated as scheduled employment under the Minimum Wages Act.
Prime Minister's economic advisory panel chief C Rangarajan has described the dip in factory output in September as 'disappointing' and said industry may grow by just 6 per cent in the current fiscal, as against the earlier projection of 7 per cent.
Any attempt to push growth beyond 9.5 per cent in the 12th Plan period that begins next year may lead to higher inflationary pressures and current account deficit woes, says Chairman of the Economic Advisory Council to the Prime Minister, C Rangarajan.
Rangarajan also called for improvement in the country's corporate-bond market saying that this will help even small companies to raise adequate funds.
Amid the crisis in Libya, increase in fuel prices would become 'inevitable' if crude oil remains at $100 per barrel, Prime Minister's Economic Advisory Council chairman C Rangarajan said on Monday.
In the first sign of dissent within the ruling UPA government, Agriculture & Food Minister Sharad Pawar on Wednesday indicated that covering two-thirds of the population under the proposed Food Security Bill was not feasible.
With high prices remaining a concern, Prime Minister's Economic Advisory Council chairman C Rangarajan on Wednesday said all policy measures, like rate hikes and intervention in grain markets, will be undertaken to bring down inflation to comfort zone of 4-5 per cent.
The National Advisory Council's Communal Violence Bill has already run into rough weather after it faced protests from various sections of the society. The bill is dangerous in nature and the provisions of this bill give the impression that every act of communal violence is presumably committed by a member of the majority community, say those opposing the bill.
Bold reform measures to sustain high growth trajectory figure high.
Prime Minister Manmohan Singh mourned his death in his message to Tendulkar's wife Sunetra.
Inflation, as measured by the Wholesale Price Index, stood at 8.66 per cent in April.
Rangarajan's reaction came after the release of the latest data, which showed headline inflation going up to 9.06 per cent in May from 8.66 per cent in April on the back of rising prices of manufactured products and petrol.
Main difference has been on including people above the poverty line in the Food Security Bill.
Food inflation is an area of concern for the common man and government with rate of price rise touching as high as 18.32 per cent in the last week of December mainly fueled by mass consumption items like vegetables, milk and protein-based items.
The central bank is slated to review its credit policy on January 25.
'The Maharashtrian Congressmen's decision to break away from their reluctant leaders in Delhi to side with the Shiv Sena is seemingly the first sign that the 'high command' is not as powerful as is believed,' says Amulya Ganguli.
The panel noted that the macro-economic fundamentals of the economy are sound but challenges remain, several of which are structural in nature.
The Prime Minister's Economic Advisory Council said on Monday that India's GDP growth will slow down to 8.2 per cent in the current fiscal. Its earlier growth projection was at 9 per cent.
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