The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

Forget the rhetoric, the FM’s left little for core social sectors The Union finance minister’s enthusiasm in marking the roadmap to financial discipline and pushing reforms in Budget 2010 is somehow missing in his proposals for inclusive growth. These proposals lack the required homework—in referring to relevant literature, including some recent government reports, and in making estimates of the required funds—and certainly do not reflect much commitment to inclusive growth. Agriculture—which...

“It would improve the standard of life of people in the rural areas”  United Nations Development Programme (UNDP) Administrator Helen Clark has praised successful implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme in Rajasthan, saying it would improve the standard of life of people in the rural areas and stop their migration to cities. “Conceived as the biggest Employment generation programme in the world, the NREGS is seemingly yielding...

For nuclear plant at Jaitapur, only site clearance is granted Environment and development have to be balanced Reacting to reports on Monsanto's admission of pest resistance to its transgenic cotton, Union Minister of State for Environment and Forests Jairam Ramesh on Saturday said the issue needed to be properly examined. The Minister said he had also seen an earlier report from the Central Institute for Cotton Research, Nagpur, which pointed out insect resistance...

Despite signs of progress in gender equality over the past 15 years, there is still a significant gap between women and men in terms of job opportunities and quality of employment, according to a new report by the International Labour Office of the International Labour Organisation (ILO). The report, ‘Women in labour markets: Measuring progress and identifying challenges,' says that more than a decade after the Fourth World Conference on Women...