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India remains one of the fastest-growing countries in the world, the White House has said even as it underlined that inefficiencies persist in the country’s public sector the poor still lacking healthcare coverage and access to financial services. “India remains one of the fastest-growing countries in the world, with real GDP expanding at 7.3 per cent in the four quarters through 2016:Q3,” said the Economic Report of the President for the year 2017, which was sent to the Congress. The voluminous report running into nearly 600 pages says that economic growth in India continues at a solid pace of a projected 7.4 per cent over the four quarters of 2016. Aim to make India 'world's most open economy': PM Modi in Japan “Private consumption has been a major driver in economic growth, contributing 4.3 percentage points to its 7. 3 per cent real GDP growth rate in the four quarters through 2016:Q3,” the report said, adding that lower inflation and fiscal consolidation over the pa...

All of us self-styled and other-styled experts should be gasping for ideas. Consider the following. In 1996, the Supreme Court ordered the closure of hazardous industries in Delhi to reduce pollution instead of forcing them to clean up their act. This led to the unemployment of over a million people directly or indirectly. In 2002, the Supreme Court ordered that all buses, taxis and three-wheelers in Delhi should convert their engines to CNG to ensure a clean atmosphere. Recent newspaper reports suggest that the policymakers think that “drastic” actions like temporary use of the odd-even scheme, closing schools, factories, construction activities, etc., are a way forward. All the above actions were based on advice from experts in the city and none of them could be considered harmful as far as controlling pollution in Delhi. However, we have to pause and reflect why the air gets worse every year. Just an increase in the number of vehicles can’t be trotted out as an excuse. Forcing di...

India remains one of the fastest-growing countries in the world, the White House has said even as it underlined that inefficiencies persist in the country’s public sector the poor still lacking healthcare coverage and access to financial services. “India remains one of the fastest-growing countries in the world, with real GDP expanding at 7.3 per cent in the four quarters through 2016:Q3,” said the Economic Report of the President for the year 2017, which was sent to the Congress. The voluminous report running into nearly 600 pages says that economic growth in India continues at a solid pace of a projected 7.4 per cent over the four quarters of 2016. Aim to make India 'world's most open economy': PM Modi in Japan “Private consumption has been a major driver in economic growth, contributing 4.3 percentage points to its 7. 3 per cent real GDP growth rate in the four quarters through 2016:Q3,” the report said, adding that lower inflation and fiscal consolidation over the pa...

The Supreme Court on Thursday dismissed an appeal by its former judge Markandey Katju against resolutions by both the houses of the Parliament condemning him for his comments over Mahatma Gandhi and Subhash Chandra Bose. The court, however, held his petition to be maintainable in law, which lays down an important legal principle : The Supreme Court has the authority to judicially review even the resolutions passed by the Parliament and that they are not immune. Markandey Katju Booked For Sedition For Offering Kashmir & Bihar To Pakistan But it remained unimpressed with Katju’s arguments that the Parliament could not have passed the resolution without hearing him. He wanted the resolutions to be quashed. In March 2015, both the houses had passed resolutions condemning the former Press Council of India chairperson for his blog post in which he called Gandhi “a British agent” and Bose “a Japanese agent”. Justice Katju claimed the resolutions curtailed his right of free speech and har...