The approach paper for the 12th Five-Year Plan with focus on faster, sustained and inclusive growth is candid and forward-looking. On poverty reduction, the document notes, without comment, the annual trend decline of 0.8% accelerating to 1% during 2004-05 to 2009-10, against a promised target of 2% in the 11th Plan. It emphasises that India will easily meet the Millennium Development Goals (MDGs) of halving poverty by 2015, over 25...
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Package to benefit 3 lakh handloom weavers: Sharma by Aarti Dhar
The Rs.3,884-crore package for the handloom sector, which includes one-time waiver of overdue loans and interests, approved by the Union Cabinet, is expected to benefit about 3-lakh weavers and 15,000 cooperative societies, which would have access to institutional credit once again. However, the package will benefit only those who took loan before March 31, 2010. “There would be many weavers who had no access to institutional credit in the past and...
More »Bill provides for cost sharing with States by Gargi Parsai
The controversial targeted National Food Security Bill, which got the nod of the Union Cabinet on Sunday, is a pet project of United Progressive Alliance chairperson Sonia Gandhi. However, the recommendation made for near-universalisation by the National Advisory Council chaired by Ms. Gandhi, was set aside by the government. To be piloted by Minister of State (Independent) for Food and Public Distribution K.V. Thomas, the Bill will be introduced in the...
More »It's a travesty of food security, says CPI(M) by Gargi Parsai
Bill will come up for discussion in the Cabinet on Monday, says K.V. Thomas Even as the Communist Party of India (Marxist) on Friday said the proposed National Food Security Bill was “unacceptable,” Minister of State for Food K.V. Thomas indicated that legislation was coming up for discussion in the Cabinet on Monday. The CPI(M) has demanded the removal of the linking of entitlements to reforms in the public distribution system from...
More »Death as a way out by Jayati Ghosh
It is clearly the absence of political will rather than a paucity of ideas that is responsible for the country's agrarian crisis. EXACTLY seven years ago this month, the Commission on Farmers' Welfare, appointed by the government of Andhra Pradesh, submitted its report to the then Chief Minister, Y.S. Rajasekhara Reddy. His Congress government assumed office earlier that year replacing the Telegu Desam Party regime led by N. Chandrababu Naidu, which...
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