Some members of the National Advisory Council , or NAC, are of the view that a small group in the council is driving its agenda to an extreme, making its recommendations vulnerable to government's rejection on the grounds of fiscal prudence. This not only ends wasting everyone's time, but also does a disservice to the poor and disadvantaged the council seeks to help, by indefinitely delaying progressive legislation, goes the...
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Kind to cash by Richard Mahapatra
The government has a plan to reach welfare to the poor without wasting money. It wants to put hard cash in their hands instead of spending on welfare programmes. To begin with, it wants to end the public distribution system of food grain and give money directly to the people. Its logic: the new system of cash transfer will plug leakages and save an enormous amount of money. But is it...
More »The problems of fisherfolk need better coverage by S Viswanathan
A recent newspaper report noted that the Union Government had gazetted the Coastal Regulation Zone (CRZ) Notification 2011 and received strong criticism from organisations that work for protecting coastal ecosystems and fight for the rights and welfare of fisherfolk. About 20 organisations working in the field of protecting fishermen's rights and lawyers backing them have taken strong exception to the notification. This is on the ground that the new notification,...
More »Neoliberal illogic by Prabhat Patnaik
The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »Record highs in global unemployment likely to persist in 2011, UN reports
Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...
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