Must Read News Articles – January 7


The Hindu

Front Page / NATIONAL

GDP growth expected to be slower at 7.1% this year: India’s gross domestic output is expected to grow at a slower pace of 7.1 per cent in 2016-17 compared to the 7.6 per cent clocked in the previous year, Chief Statistician TCA Anant said.

Aadhaar now mandatory for EPF pension scheme: The Centre has made obtaining an Aadhaar number mandatory for 2.5 crore members of the Employees’ Pension Scheme of 1995, one of the benefits available to Employees’ Provident Fund subscribers.

Centre-Delhi row upsets HC: The High Court on Friday expressed its disappointment over a tussle between the Centre and the Delhi government over a repatriation of a bureaucrat and wondered why such matters are brought to the court rather than being resolved amicably.

SC declines early hearing of plea to defer budget: The Supreme Court declined to grant urgent hearing of a plea to postpone the tabling of the annual budget until after the Assembly elections in five States, including Uttar Pradesh.

Centre plans to amend Plantation Labour Act: The Centre is planning to amend the Plantation Labour Act (PLA), 1951 in a major way to exclude ‘in –kind’ components being regarded as wages.


When banks are awash with cash: In an environment characterised by slowing growth, poor investor sentiment and NPA-strapped banks, the government has its task cut out. When private investment is skittish, public investment must step in.

Clamping down on ordinance raj: Both superior courts and constitutional functionaries have routinely deprecated the propensity of governments to take the ordinance route for mere political expediency.


Railways may get 6% increase in Budget: Finance Ministry pegs budgetary support at Rs. 48,000 cr.

Tighter norms for e-manufacturing sops: The Centre is likely to reduce the time frame for companies to avail sops in a scheme to boost electronic product manufacturing in the country at a time when tech majors such as Apple are seeking additional concessions to Make in India.

SC stays transfer and sale of 2G spectrum by Maxis: The Supreme Court stayed all transfer and sale by Malaysia-based Maxis group of companies of 2G spectrum, originally allocated to Aircel in November 2006.

Science and Technology

Vast iceberg poised to crack off Antarctica: scientists: A rift, slowly developing across the Larsen C ice shelf on the Antarctic Peninsula in recent years, expanded abruptly last month, growing by about 18 km (11 miles).

India lacks plan for global rescue: Study: The government’s plans for conducting emergency large-scale international evacuation is “ad hoc” and depends on “quick-fix solutions”.

Google’s experiments with virtually real art: Google’s investment in virtual reality pales beside Facebook’s $2 billion purchase of the VR pioneer Oculus.

Indian Express

No proof required: Financing basic income for the bottom 50 per cent: A political and economic masterstroke would be for the Union budget to contain a basic income scheme for the bottom 50 percent — the poor and lower middle class.

Leaping from a strong foundation: In 2017, the economy will see the benefits of the reforms from the previous year.

Live Mint

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