Curtailment of black money has been one of the major thrust areas of the Government especially in the recent years. However, with scrapping of Rs.500 and Rs.1000 notes as legal tender w.e.f. November 9, 2016, the subject has attracted widespread debate and needs to be understood in a holistic manner along with its implications for the economy.
Fourth India-China Strategic Economic Dialogue : Working Group on Infrastructure Challenges and Way Forwardby Simi Thambi
India-China Strategic Economic Dialogue is a bilateral dialogue platform between the planning bodies of India and China- the Planning Commission of India (now Niti Aayog) and the National Development and Reform Commission (NDRC) of China. The idea of having such a dialogue was first floated by Premier Wen Jiabao on his visit to India in 2010.
India enjoys demographic advantage. For harnessing the same it is required to improve the transition rate to secondary and senior secondary including in the educationally backward blocks.
India needs lots of energy for its economy to grow. Due to our drive to replace non-commercial energy with more convenient fuels, which are usually commercial ones, our elasticity of energy demand to GDP-a common measure of how energy demand responds to economic growth- is high. Nearly 25% of our total energy demand is met by non-commercial energy (mainly biomass).
The Urban Management Programme launched by NITI Aayog on 27 April, 2016 focusses on Capacity Building of officials of State Governments and Urban Local Bodies in three critical areas of urban rejuvenation viz., (i) Urban Planning & Governance, (ii) Water, Wastewater & Solid Waste Management and (iii) Public Financing (PPP) of Urban Infrastructure.
Slowing growth in the world economy has placed India in a sweet spot. In 2015, India’s growth rate was 7.6% compared to global economy’s 3.1%, demonstrating robust fundamentals underpinned by strong domestic demand and increase in foreign capital inflows.
Efficient public transport system is pivotal for socio-economic growth and development of a country. It plays a major role in reducing poverty and checking deprivation in hinterlands where public transport is often the only means of transport for the poor. It is not just cheaper but also vital as it saves fuel and curbs pollution.
More than two-thirds of rural India uses solid biomass for cooking with its attendant harmful effects on health [National Sample Survey Office (NSSO), 68th Round]. In parallel, the country aims to achieve universal electrification by 2022. Theoretically, if electric cooktops were adopted, universal electrification could translate into universal clean cooking as well!
An agricultural invention-and-innovation continuum in all facets of agriculture and allied activities with its effective diffusion is key to sustainably increase the agricultural production and productivity with environment sustainability.
According to Census 2011, at least 377 million Indians, comprising about 31 per cent of the country’s population, live in urban areas. Even though in percentage terms the urbanization level may appear to be relatively low, the sheer volume of the urban population is enormous.