The Policy Monitor
For India’s urban areas to become more growth-oriented and productive and to increase the
capacity of the administrators, it is critical to build an excellent urban infrastructure, with
efficiency in service delivery and funding at the top of the priority list.
While the Central Government undoubtedly provides strategic leadership, state legislatures have a critical role in not just transferring capacities, assets, and functionaries, but also in creating an empowering environment through administrative and institutional transformation. A close assessment of total municipal income reveals that they accounted for only 1.08 percent of GDP in 2007–2008, and then dropped to 1.03 percent of GDP in 2012–2013.
The right of farmers to choose their own methodology is what should be advocated, keeping the restrictions and inconsequential nudge as reasonable as possible. The circumstances won’t change unless there is consistency between the price of fertilizers and the farmer’s income, to encourage them to use all fertilizers proportionately.
The International Monetary Fund has lowered its global economic growth forecast for the fourth time in nine months as the risks still remain to the ‘downside’. According to World Economic Outlook (WEO) Update July 2019, global growth for 2019 is projected at 3.2 per cent and picking up to 3.5 per cent in 2020.
Yet another resignation of the Central bank’s Governor, Urjit Patel, mentioning “personal reasons” especially during the time when the tussle between the Central Government and RBI is evident, has surely raised many eyebrows. Earlier, Former RBI Governor Raghuram Rajan had resigned on 4 September 2016 as the 23rd Governor of […]