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The Morning Wrap: What The Economic Survey Says; Lions Attack Safari Vehicle In Bengaluru

Our selection of interesting news and opinion from the day's newspapers.

01/02/2017 8:34 AM IST | Updated 01/02/2017 9:44 AM IST
Anindito Mukherjee / Reuters

The Morning Wrap is HuffPost India's selection of interesting news and opinion from the day's newspapers. Subscribe here to receive it in your inbox each weekday morning.

Essential HuffPost

In the Economic Survey 2017-18, presented by Chief Economic Advisor (CEA) Arvind Subramanian yesterday, the shortcomings of both the Left and the Right were called out with regard to poverty. Apart from the proposed Universal Basic Income (UBI), several key points about the financial performance of the country were discussed in it. Read our analysis here.

With India on the verge of presenting the Union budget for 2017-18, the time is right to understand where India gets all its money, how does it spend it and how far can its finances get its citizens. Here are 7 charts that explain it all.

For those who were hoping to get an idea how the government's move to demonetise high-value currency has affected the gross domestic product (GDP) of the country, the CEA had a word of caution. He advised against such before-after comparison since the note ban was a "radical experiment" with few parallels.

Main News

President Donald J Trump has gone after H1B visas issued to foreign professionals and students to live and work in the US. Indians, especially those working in the information technology (IT) sector, are the biggest beneficiaries of this permit. If the rules of issuing it are changes, here's what's going to happen to those on this visa currently.

E Ahamed, the national president of Indian Union Muslim League (IUML) and a member of parliament from Malappuram constituency in Kerala, suffered a cardiac arrest in Parliament yesterday and passed away in the early hours of today at the RML hospital in New Delhi.

Although Pakistan government has put the Mumbai terror attack accused Hafiz Saeed under house arrest in deference to the wishes of the US administration, India is being cautious in its reaction. Such moves, Indian officials say, are cosmetic and made in anticipation of a major conference on terror financing next month.

Off The Front Page

President Donald Trump nominated Neil Gorsuch for a lifetime role in the US Supreme Court as a boost to the conservatives in the institution. The 49-year-old is being brought in to arbitrate on rulings on abortion, gun control, death penalty and other contentious issues.

Three persons, including a minor girl, were killed in an explosion at a site of election campaigning in the Bhatinda district of Punjab. The incident took place in Maur Mandi, around 8.30 pm, as Congress candidate Harminder Singh was making the closing remarks of his speech.

Two lions attacked a safari vehicle at the Bannerghatta Biological Park in Bengaluru for the second time in months. A video captured by a safari bus driver shows the animals following the car closely, before one of them jumps on the window and tries to bite through the glass. The alarmed cries of the tourists are audible from inside the vehicle. Authorities are planning to enhance security on the premises in the light of these incidents.

Opinion

In his column in The Indian Express, Ashutosh Varshney slams Prime Minister Narendra Modi's surprise move to demonetise high-value currency notes in November last year. It is becoming clearer, he writes, that the PM's strategy was a political move out and out, having little economic benefits.

In The Telegraph, Ashok V Desai praises the Economic Survey 2017-18 presented by the CEA for raising fundamental questions about the Indian economy. "Subramanian has gone deep, covered both short-and long-term issues, and involved an amazing number of people — about 200, both outside and inside government — in the debate the survey encapsulates," he writes.

In an analysis of the possible outcome of the Punjab assembly polls, Vinod Sharma says in the triangular battle in the state, votes will most likely get divided, not fractured. Read his take in the Hindustan Times.

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