There has been lull at the Yojana Bhawan since the Modi government was sworn into office on the 26th of May. Nearly 1,200 people, who are employed at the Planning Commission and its attached offices, have hardly any productive work.
The expression "100 days" of a government made headlines in India five years ago when the United Progressive Alliance (UPA) led by Congress party was re-elected in May 2009. Almost all ministers announced 100-day targets and subsequently presented report cards. That was the high point of Manmohan Singh led UPA government.
Bibek Debroy's piece in The Economic Times, mentioned an unheard term - 'un-planning' - while contesting the relevance of planning in India.
Mainline media reports are rife with stories on Digital India being a half-baked plan and a waste of taxpayer money. Considering that the first version of India's National e-Governance Plan (2004), and its re-incarnation, by the Kapil SIbal-led Ministry of Communications & IT
The fate of the two hundred-odd coal blocks allocated since 1993 hangs in the balance after the Supreme Court declared that these allocations were made arbitrarily and illegally. A further hearing on the issue is scheduled on 1st September, when the apex court is expected to decide whether to scrap the allocations altogether, or to impose some sort of penalty on those involved.
No one doubts that central bankers are a conservative lot when it comes to cutting interest rates or relaxing financing norms. In fact, the heads of central banks take pride in being a tough regulator no matter how adverse such stance could have on a particular sector or the economy at any given point of time. The recent guidelines on refinancing of infrastructure projects appears to be one such example where Reserve Bank of India tends to miss the wood for the trees.
There seems to be a cloak and dagger effort to derail the forthcoming announcement by the Prime Minister Narendra Modi on a National Mission on Financial Inclusion during his maiden address to the nation on Independence Day.
Under the leadership of Narendra Modi, we have shown as to how after a long time, there could be a government in power with absolute majority. This could become possible on the strength of BJP's belief in inclusive growth with the common man at the center.