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Why India’s economy is stumbling

The current government, which took office in 2004, has made two fundamental errors.   First, it assumed that growth was on autopilot and failed to address serious structural problems. Second,…

India Continues To Miss Key Health Targets

  Highlights  *12th Plan allocation for Health Ministry is Rs 300,018 crore or approximately Rs 60,000 crore per year *National Health Mission gets the largest pie; around Rs 38,681 crore…

June quarter GDP growth at 4.4%

India’s economy grew at the slowest quarterly rate since the global financial crisis in the three months through June, lower than expected and hurt by a contraction in mining and…

Easy reforms over, time now for difficult ones: PM

Prime Minister Manmohan Singh said the Government will now have to undertake more difficult reforms, including reduction of subsidy and implementing goods & services tax (GST), to put the economy…

All you wanted to know about new land acquisition bill

There is unanimity of opinion across the social and political spectrum that the current Law (The Land Acquisition Act 1894) suffers from various shortcomings. Some of these include:   Forced…

Slowdown not only due to RBI: Subbarao

RBI Governor D Subbarao strongly refuted all arguments that the central bank failed to control inflation and ended up stifling growth.   Subbarao said: “Core inflation has declined to around…

Looking back at the original sin

The seeds of the current situation were perhaps sown in 2009 when the Group of 20 (G20) expressed concern about global imbalances, a euphemism for Chinese surpluses, and emphasized market-determined…

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