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BBC News Original article ›
The Times of India Original article ›
LyrArc Article Gist
The Indian prime minister reviewed progress of the vaccination drive. On July 26, in the last 6 days about 38 million doses of vaccine have been adminstered in India. In a separate affidavit to the Supreme Court the government laid out its plan for making enough vaccine supplies to vaccinate the entire population over 18 by December 31, 2021, over 940 million people requiring over 1880 million doses.  "Out of this requirement for 1880 million doses 516 million doses will be made available by July 31, 2021, in about 34 days. The remaining 1350 million doses for complete vaccination to the eligible population" says the government information provided to the Supreme Court. The breakdown of vaccine supplies manufacturing is also given to SC. Of the total of 1350 million vaccine doses the following is how it will be manufactured in India in the next 6 months. Covishield  vaccine     500 million Covaxin vaccine          400 million Bio E Subunit vaccine  300 million Zydus Cadila DNA vaccine  50 million Sputnik V  vaccine          100 million The government told the Supreme Court that the procurement of Bio E Subunit vaccine and Zydus Cadila DNA vaccine will be subject to approval that is expected in the near future. From this new vaccine supplies picture it is clear that Covaxin and Bio E Unit will play a major part in the second half of 2021 in vaccinating India's entire population with 2 doses. This would be a historic achievement for the federal government after the lessons learned and the action taken with a new vaccine supplies policy for India in June 2021. There is also the challenge to be overcome of maintaining the vaccination drive at 6-8 million doses a day which would be another historic achievement for the federal and state, and local governments in India working with community education and logistical setup, medical staff.  ...
The Economic Times Original article ›
LyrArc Article Gist
Two years after it was launched the Jal Jeevan Mission to bring tap water to every household in India has made significant progress. Only 17% of all rural households had tap water in 2019, today even with covid disruptions 41% of rural households have tap water. 48 million more households have tap water connections added. The goal of Har Ghar Jal (Every home tap water) is now seen as achievable by 2024. Financing in 2021-2022 is increased from 115 billion rupees to 500 billion rupees, quadrupling the financial resources dedicated to providing water to all of India's people. The Swach Bharat Mission Director General, Akshay Rout, shows how this mission for water is moving as as quickly as the open defecation free ODF mission  under SBM. A household in ODF saved Rupees 50,000 a year from cleanliness and medical costs according to UNICEF. A WHO study shows 200,000 diaorrhea deaths prevented. JJM is decentralized, demand driven and community managed. Rout says that setting a deadline and aiming for saturation that leaves on one behind is a good way of tackling critical problems such as hygiene, sanitation and water. He says shoddy implementation or product can be prevented by robust monitoring and supervision systems. By 2019 India had made big achievement in hygiene and clean India campaign with ODF open defecation free achieved under this approach. ...
The Indian Express Original article ›
The Hindu Original article ›
The Hindu Original article ›
LyrArc Article Gist
India moves forward with ports and maritime development with projects worth 38,000 crores or $4.75 billion including Mangaluru Port Authority and refinery, petrochemical industries. Priority is being place in port connectivity and development for 150 projects on a 7500 kilometres coastline. Ports are important for logistics and exports, a key priority for linking India to the new supply chain being built by the US and EU, which would link India to manufacturing supply chain in Vietnam, Japan and other countries. Natural gas brought in through ports would enhance green development to reduce climate change emissions. India's coastline of 7500 kms compares with 20,000 for the US, 25,000 for Australia and 14,000 for China. India's coastline is about that of Brazil and a bit less than Mexico. New Zealand with a coastline of 15,000 has more coastline than China or India showing how the Pacific ocean coastlines are of a magnitude higher. Japan's is similar to Australia stretching across the Pacific. Canada has the largest coastline in the world. ...
The Indian Express Original article ›
Hindustan Times Original article ›
Wall Street Journal Original article ›
Hindustan Times Original article ›
The Hindu Original article ›
LyrArc Article Gist
Indian PM Modi will take part in the swearing in of a new government in Maharashtra on December 5, 2024. Maharashtra and Gujarat with cities Mumbai and Ahmedabad were part of Bombay state in 1947 after independence. It was also the largest trade and industrial region of India. Today it is poised under the Modi government to deliver industrialization on a scale that matches that of China for a modern Vikshit Bharat over the next decade and to 2040. This is the real significance of this event which in some ways surpasses the US election in significance and the scale of transformation of the largest nation in the world.

Wall Street Journal Original article ›
LyrArc Article Gist
To get an idea of the scale of paralysis in the Congress party administration of Manmohan Singh in India in 2011-2014 consider this- more than $100 billion in critical infrastructure projects were held up by slow growth and red tape, according to estimates of the Centre for Monitoring the Indian Economy. The Congress party was too preoccupied with fighting charges of corruption adding to the lack of leadership from Singh and Gandhi, and focussed on programs of subsidies for voters to prepare for the 2014 elections. In the last 12 months alone ending in March 2014, manufacturing projects of about $54 billion were shelved, according to the Centre for Monitoring the Indian Economy. The climate of uncertainty led to Indian companies investing overseas, or simply holding back instead of investing in the Indian economy. Industrial production declined for the first time since the 1990's during the 12 months ending in March 2014. It is in this vaccum in leadership since 2012, and a seriously troubled economy, that the 2014 parliamentary elections were held. Impatient young voters- with about 100 million new young voters added to voting lists- gave Modi and the BJP party an absolute majority and mandate for coming up with new solutions to India's problems in jobs and infrastructure....
The Times of India Original article ›
New York Times Original article ›
LyrArc Article Gist
Keith Bradsher's NYT interview with Raghuram Rajan, Governor of the Reserve Bank of India, comes when Rajan has come under criticism from the business sector and the small business support base of prime minister Modi's party. The criticism centers on the drop in oil prices since Nov. 2014, and Rajan's failure to drop interest rates at the Dec. 2, 2014 central bank meeting. Rajan says it was not clear whether oil prices would remain low for an extended period at the Dec. 2, 2014 meeting. Since then new inventory data, EIA estimates and OPEC policy guidance have confirmed low prices will remain for an extended period. Rajan lowered interest rates on Jan. 14, 2015, by one quarter of a percentage point. Under India's setup the central bank chief makes decisions on interest rates, compared to the decisions made by the Federal Open Market Committee at the U.S. Federal Reserve. Rajan says there is full understanding between the central bank and the Modi government economic team led by finance minister Arun Jaitley, Jayan Sinha, deputy minister of state for finance, and chief economic advisor Arvind Subramanium. Modi and Jaitley prefer to rely on the advice and policy direction of economic policymakers with long experience in the U.S. and international circles. Both Subramanium and Rajan bring this level of experience and expertise. Subramanium brings experience from his years at the GATT which preceded the WTO, the IMF, and the Peterson Institute of International Economics, and Rajan brings experience at the University of Chicago, and as chief economist of the IMF. Modi is a dilgent listener and policymaker giving careful attention to the best advice, making it unlikely that Rajan would be seen as a holdover from the administration of Manmohan Singh. Other criticism that the business sector has made of Rajan are as financial regulator in asking state banks to increase collateral required from large business firms for large bank loans. Rajan points out the need for business to bear the costs as well as the benefits of taking risks. Under previous governments the state banks allowed large firms to keep their holdings at companies even when the risk taking resulted in losses. Rajan has also not tried to reverse the sharp decline in the rupee, which hurts business firms which took on dollar denominated loans. Rajan has instead followed policy of building up the reserves by buying dollars. The reserves were depleted in 2013 by a policy of currency interventions to reverse that decline. Inflation in India reached 9.9% in Dec. 2013, with policy of the central bank under Rajan set to bring it down to 8% in 2014, and below 6% in 2015, so that India could get out of the trap of persistently high inflation with slow growth. This is critical for a new Indian success story. A goal set by Rajan in Oct. 2012 when he was appointed as central bank chief, was to increase foreign investment and encourage new business so that India was no longer dependent on large companies for growth. This is also critical for a new Indian success story, as the Modi administration and the central bank are both keenly aware. Just as Bernanke and now Yellen at the U.S. Fed face criticism for quantitative easing monetary policy, focus on the high long term unemployed, and not focussing on inflation- with their focus on the long term economic recovery in an environment of low inflation below 2% in the U.S.- India's Reserve Bank faces a different kind of criticism for careful and prudent policies to ensure long term growth....
The Times of India Original article ›
LyrArc Article Gist
India's New Education Policy completes its first year of implementation.  Multiple entry points for studies so that students can change disciplines and try new areas of study - offers opportunities in a broad array of disciplines, and new combinations of disciplines to open new pathways to knowledge and work in a future economy. This encourages  students to try new areas of study and not be stuck in one course of study. Engineering and science taught in different Indian languages. 18 Engineering colleges in 8 states in India now offer engineering and science studies in Hindi, Marathi, Tamil, Telugu, and Bangla. India has a rich diversity of languages and this opens up opportunities for students who do better in their own home languages and brings opportunities to more people. Prime minister Modi emphasized the new approach has advantages- by breaking free of old conceptions of education, preparing for a New India in which youth of the country make their own systems, assure young people that the future is theirs to make. He stated that the New Education Policy is part of the endeavour of nation building, and the fate of India, how far and what height is achieved depends entirely on education received.   ...
New York Times Original article ›
New York Times Original article ›
New York Times Original article ›
WSJ Original article ›
LyrArc Article Gist
Prime Minister Narendra Modi meets U.S. president Donald Trump in June 2017. Trade with India, and the strategic relationship in Asia, will come up in the discussions. This report says the discussions could be sensitive on trade, immigration and climate change. The U.S. provided $2.38 billion in foreign direct investment (FDI) to India in 2016, about 5.5% of the total, and 47% of the U.S. H1-B Visa program for skilled workers benefits Indian companies. The H1-B program will not be discussed, though climate change may come up. Defense collaboration, regional security, energy projects, are likely to be important topics, including transfer of high technology. 

YouTube Original article ›
LyrArc Article Gist
This You Tube video in The Indian Express shows Indian leaders Modi, Sitharaman, president Murmu, vice president Dhankar, Chandrabbu Naidu and party leaders paying homage to the leadership of Atal Bihari Vajpayee who led the formation of the first non Congress coalition government in 1996 followed by one in 1998 and 2000-2006. Music played on this occasion were favorites of Mahatma Gandhi- Vaishna Vajana thene re kayiye- he who we call a true Vaishnava- the qualities of a true Vaishnawa. This is the classic of the 30's and 40's that won independence for India by bringing forward a new generation of leaders that would bring India forward in the 20th century. These hopes rested on the shoulders of Congress and Jawaharlal Nehru yet fell by the wayside after the early 1960's with China's invasion in 1962, India faltered with socialist ideologies and the License Raj, stymying the energies of the people, corrupt political life leading to stagnation. By late Atal Bihari Vajpayee offered an alternative and hope following the models set by Mahatma Gandhi and Vallabhbhai Patel in word and deeds with the first non Congress governments setting the stage for Modi in 2014. ...
New York Times Original article ›
The Hindu Original article ›
The Times of India Original article ›
Hindustan Times Original article ›
The Indian Express Original article ›

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