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Why it’s time for India to rethink its inflation target regime

Is inflation targeting right for India, and does it focus on the right target?
The Economic Times



Ranjit Kumar Dass re-elected as Assam BJP chief

Dass has been instrumental in taking BJP organisations in different corners of the state. BJP in Assam has membership strength of 42 lakh.

Two AAP MLAs quit after being denied ticket for Feb 8 polls, one of them joins Congress

Adarsh Shastri quit the AAP after it denied him ticke...

JP Nadda likely to take over as BJP chief next week

In the run-up to the 2019 general elections, Nadda was in-charge of BJP's election campai...

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  • BJP general secretary Ram Madhav was speaking at a conference here on 'Indian Democracy at Work- Money Power in Politics'. Prime Minister Narendra Modi's efforts towards 'one nation and one election' would be an important milestone in the reforms process, he said.

    Most agree bijli-paani, health, education, free bus rides for women, and CCTV cameras, have improved.

    The Congress story of 2019 essentially revolved around Sonia Gandhi, who was back as party chief after her son Rahul Gandhi resigned as Congress president. He took moral responsibility for the Lok Sabha poll defeat, the party's second consecutive loss in the general elections.

    Sources claim that both parties can agree to contest the poll on 50-50 (equal number of) seats on the lines of the Lok Sabha elections. There are 243 seats in the Bihar Assembly. In the last Assembly elections, the Janata Dal-United (JD-U) and the BJP contested separately, whereas before that in 2010, both the parties contested together.

    “The committee have decided to invite memorandam containing views and suggestions separately on each code from the public in general and NGOs/ experts/ stakeholders and institutions in particular,” labour ministry said in a statement. The bills have been referred to the standing committee for examination and report within three months.

    It would be modeled on the lines of FoF suggested by former Sebi chairman-headed panel on MSME.

    With the BJP winning all the seven parliamentary seats, it seems that Delhi followed the national narrative that drove the parliamentary election. Both AAP and Congress had flirted with each ahead of the election to seal an alliance but couldn't reach a definite agreement and ultimately fought separately.

    The Centre's focus in 2019, continued to be 'kisan kalyan' (farmers' welfare) in the second term of the Modi administration and the policy changes were as per the recommendations by the Dalwai Committee for doubling farmers' 2015-16 income level, in real terms, by 2022.

    The Upper House passed 52 Bills during the 65-odd sittings in 2019 -- an output of 0.80 bills per day (four bills in five days) which is the best in the last 36 years -- official sources said. Nearly 50 bills were passed in the first two sessions of the Lok Sabha this year, which saw an innovative speaker ensure that every member got a chance to speak during zero hour at least once in the session.

    Addressing the 150th anniversary programme of Kolkata Port Trust, which Chief Minister Mamata Banerjee skipped, Modi said people in West Bengal would not have to miss out on the benefits for long, an apparent reference to the Assembly polls next year.

    Full statehood for Delhi was the main poll plank of AAP in the Lok Sabha elections last year. However, it failed to impress the people of Delhi and AAP candidates lost on all seven seats in the city. Addressing the fifth Town Hall meeting, anchored by ABP news channel, Kejriwal said full statehood is the only promise the party was not able to fulfil.

    The BJP’s Prime Minister Narendra Modi-led campaign ahead of the February 8 Delhi assembly election will focus on “identified sore points” such as housing and drinking water and seek to impress upon people that Chief Minister Arvind Kejriwal has not delivered on his promises.

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