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Must Read News Articles – February 1


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The Hindu


Front Page / NATIONAL


Note ban a radical measure: CEA: Demonetisation will have an impact on economic growth.

SC rejects plea to stay jallikattu law: A few hours after the President gave his assent on Tuesday to the Tamil Nadu amendments in the Prevention of Cruelty Act of 1960 to allow jallikattu, the Supreme Court refused to stay the new State law.

Kathmandu meet to finalise SAARC budget, agenda: Diplomats say the meeting is critical as it will require consensus among members.


Editorial/OPINION


Demonetisation’s long shadow: The Economic Survey presented on the eve of the Union Budget has been dominated by a singular action of the government.

Drawing up a diet plan: The welfare challenge lies in providing assistance to needy households to ensure adequate diets without creating conditions in which they opt for inferior diets that are too heavy on cereals.

This land is their land: Despite the new land acquisition law, questions of resettlement and rehabilitation persist.


ECONOMY


Reward States’ good fiscal show: The Economic Survey recommended the Centre to incentivise good fiscal work by States to keep the overall fiscal performance on track.

CSO revises GDP growth for 2015-16 upwards to 7.9%: Government has marginally revised upwards GDP growth for 2015-16 to 7.9 per cent from the earlier estimate of 7.6 per cent after factoring in latest data on agriculture and industrial production.

Economic Survey wants modification of FRBM Act: India has “changed utterly” over the last 13 years since the Fiscal Responsibility and Budget Management (FRBM) was enshrined in law for prudent fiscal management and therefore, the FRBM operational framework designed in 2003 “needs to be modified to reflect the India of today and even more importantly, the India of tomorrow,” according to the Economic Survey.


Science and Technology


Researchers employ laser light to speed up electronics: A researcher from India has taken the first definitive step to produce high-speed electronic devices that can operate one million times faster than modern electronics.


Indian Express


Demonetisation 2.0: It has become manifestly clear that it is a political move without an economic rationale.

Surveying ideas for India: Economic reforms are not, or not just, about overcoming vested interests; they are increasingly about shared narratives on problems and solutions. Economic Survey builds on this idea.


Live Mint


The building blocks of economic policy: The budget should be a part of the longer-term policy objective of increasing economic activity, prosperity and well-being.

The right priorities for healthcare spending: The only sustainable solution is robust infrastructure and sufficient manpower, not controlling the prices of drugs.


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