There are no other viable short-term options to boost income for the least-skilled migrant and rural labour but for the government to spend directly on infrastructure, says Jaimini Bhagwati, but he points out that there are few shovel-ready infrastructure projects in the pipeline, and significant coordination with state governments is tough. What’s to be done? He suggests here that the Centre identify projects in Bharatiya Janata Party-ruled states that could be quick picks for execution.
Other opinion examines debt fund managers’ risk models, the Reserve Bank’s monetary management challenges and the Foreign Contribution Regulation Amendment Act. Kanika Datta sums up the views