Spending proceeds of monetisation
Quick takes, analyses and macro-level views on all contemporary economic, financial and political events.
Amidst weak recovery and heightened global liquidity, it is welcome that monetisation of infrastructural assets is gaining speed here. Notice that the National Highways Authority of India (NHAI) is reportedly seeking to monetise 7,500 km of road projects for a staggering Rs 3 lakh crore by 2024-25. But it would be downright suboptimal to earmark the proceeds solely for building more road projects nationwide, especially if superior social and economic benefits are to be obtained by gainfully investing in, say, a rail track, an education scheme or a health project, so as to augment infrastructure across the board.
As the world rolls out the fifth-generation technology standard for cellular networks, or 5G, its appeal in India is limited to being a future-ready feature on a fancy phone that signals the owner’s tech savvy..
Courts should curb policymaking instinct February 15, 2021, 11:00 PM IST
Quick takes, analyses and macro-level views on all contemporary economic, financial and political events.
The Kerala High Court directing, in suo motu proceedings, the state government to set up Campus Police Units to tackle drug use in educational institutions and their campuses is a case of judicial overreach and transgression into the executive’s domain. This is not the first time that courts in India have stepped beyond their remit to take on the functions of the executive. The trend undermines the rightful roles of the judiciary, as well as of the executive. The courts should stay the arbiters and upholders of the law and Constitution they were designed to be, not policymakers.
The human resource development ministry has put up for public consultation “some inputs” for the draft National Education Policy 2016. It contains some sensible ideas on school and pre-school education. It lists a comprehensive roster.
The budget rolled out a revamped, reforms-based and results-linked power distribution scheme, with an outlay of over Rs 3 lakh crore, over the next five years. The new scheme would provide assistance to the distribution.