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The growth has not been very robust in the first two financial years of the 12th Plan.
Why Rediff readers support breastfeeding.
In the other matches, Manipur trounced Nagaland by 10 wickets in the battle of newcomers while Jammu and Kashmir defeated Andhra Pradesh by five wickets.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
'Bureaucrats have transformed a project meant to empower the poorest Indians into one that empowers only babus and disempowers everyone else,' says Mihir S Sharma.
'The current BJP leadership believes the party's expansion across India, and thus their own survival at the top, depends on injecting communal tension into areas where it has so far been largely controlled,' argues Mihir S Sharma.
What Saisuresh Sivaswamy learnt about the election from television and the newspapers. A must read column, folks!
A look at the top tweets from your favourite Bollywood celebrities.
'Anything other than a complete, 2014-style victory will be far more devastating for him then it would be for anyone else.' 'Disciplining restive party members, and taming recalcitrant allies will then be far more difficult for him,' says Mihir S Sharma.
'This is obvious to everyone except those in denial; it is a national shame.' 'To that extent, blaming any particular government is an insufficient response,' argues Mihir S Sharma.
'It is clear that economic policy and reform under this administration will always be afterthoughts, something to be carried out only when no other political concern intervenes -- when, in other words, the government feels safe and comfortable enough to take a moderate risk,' argues Mihir S Sharma.
'Xi's assumption of absolute power is neither complete, nor irreversible.' 'Nor is it safe, for Xi, for his party, or for his country more generally.' 'And the government knows this,' says Mihir S Sharma.
A round-up of the Ranji Trophy quarter-final matches played on Monday.
'The link between global warming and weird, extreme weather events is being better understood every year.' 'India is particularly at risk from such events.' 'Indian communities and urban centres don't have the resilience needed to survive such disasters,' says Mihir S Sharma.
'And who sold this belief?' 'Public-spirited individuals' like Subramanian Swamy.' 'Independent public servants' like Vinod Rai. 'Anti-corruption activists' like Kiran Bedi. And 'outspoken television anchors' like Arnab Goswami,' says Mihir S Sharma.
'A one party-State, with only one kind of Indian,' argues Mihir S Sharma.
Having ensured three points by virtue of 104-run first innings lead by the end of the third day, Mumbai decided against sporting declaration reaching 321 for 5 when captains decided to call time.
India has remained obsessed with cheap capital and infrastructure spending when instead the central constraint on Indian development remains the abysmal quality of Indians' skills, says Mihir Sharma.
'The mainstream media is alive with discussion of the rights and wrongs of the situation.' 'Mass immolation is being rediscovered as a worthy goal for young women, and we have also consoled ourselves at length with the reflection that Muslims Are Bad while Rajputs Are Good,' says Mihir S Sharma.
'The simple truth is this: That we had come to assume that a second term was Modi's for the asking. But the fact is that Modi will have to win one, just like everybody else.' 'And so much has he invested in his strongman persona that even a loss of just 50 seats from his extraordinary 282 in 2014 will look to his potential allies and to his party like a defeat,' says Mihir S Sharma.
According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.
The stock market, the Survey felt, had run away from underlying real economy indicators and asked if this indicated rational confidence or irrational exuberance.
'You can disagree with Dr Ilaiah's analyses of how the caste-based economy works, or with his prescriptions on how to fix it.' 'But a disagreement that is couched in terms of 'offence' given and received shuts down the debate that is essential to build a more just and modern India,' argues Mihir Sharma.
'Should views such as Damore's be ignored, stigmatised, or corrected, point by point?' asks Mihir S Sharma.
Karun Nair returned to form with a patient hundred as Karnataka set a stiff target of 380 for Hyderabad on the third day of their Group 'A' Ranji Trophy encounter.
'It is important whenever such accusations arise to provide whatever support we can to the accusers who, with inspiring bravery, have decided to take on men far more powerful than they are,' says Mihir S Sharma.
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
Internal to Aadhaar itself, within the very design and usefulness of the project, lies the division between the clashing images of India.
'How many people have been skilled up and thus able to escape from needing to be in NREGA? The true success of NREGA would lie in its irrelevance -- that is, people no longer need it as a crutch.' 'NREGA should enable them to climb out of poverty and stand on their feet.' 'But this is expressly forbidden by NREGA rules. Skill development, which is what India needs more than anything else, appears to be outside the purview of NREGA,' points out Rajeev Srinivasan.
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
A blast in New Jaipaiguri in West Bengal has killed four persons and injured seven. The police and the Intelligence Bureau are suspecting the involvement of the dreaded Inter-Services Intelligence funded, Kamtapur Liberation Organisation. The powerful bomb was planted on a cycle.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
Young pacer Tushar Deshpande recorded his career-best figures of six for 70 to help Mumbai earn a sizeable first innings lead against Railways on the third day of their Ranji Trophy Group A encounter in New Delhi on Saturday.
'It goes without saying that Air India has now no imaginable reason to exist.'
The Central Bureau of Investigation was on Friday directed by a special court in Mumbai to begin arguments on framing of charges in the sensational Sheena Bora murder case from the next date of hearing due in mid-September with the judge saying he will "expedite" the trial.
In a breather to social activist Teesta Setalvad and her husband, the Bombay high court on Friday granted the duo 17-day interim relief from arrest in a Central Bureau of Investigation case alleging that her company received Rs 1.8 crore from abroad without mandatory approval from Centre.
'Hitchens asked which State Israel had most in common with -- and then answered his own question, saying "Pakistan".' 'They were both, he explained "confessional States": Founded to succour the followers of a particular faith,' remembers Mihir S Sharma.
'The bloodthirsty rhetoric of chicken-hawk TV anchors are the worst contributors to Kashmiri alienation.' 'If this implacable hatred is the authentic voice of India, Kashmiris argue, who can hope for peace?' asks Mihir S Sharma.
Apple products are built around the notion of picking up ideas that are already common, reducing them to brightly-coloured, child-like simplicity, imposing conformity, and then suggesting that buying into that conformity means you're a seriously cool adult, says Mihir S Sharma.
As questions were raised over several censor board members having BJP links, its new chief Pahlaj Nihalani, a film maker, on Tuesday said he was proud to be a "BJP person" and called Prime Minister Narendra Modi as his "action hero".
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