The Central budget of 2010-11 is a further step in the realisation of a vision of India vibrant with the income, wealth, saving, education and the entrepreneurial energy of the top 5-10 per cent of the population and the rest of Indians, serving that minority and surviving as barely literate, malnourished multitude. With the accession of Rajiv Gandhi to power, a vision began to germinate. That vision was that of...
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Education in the Union budget by Jandhyala BG Tilak
One looks forward to the Finance Minister's budget speech with a hope that it spells some new major initiatives and schemes for development, and that it might promise any major allocation of resources to any sector, besides fresh tax proposals. In the case of education sector, one might feel disappointed at the proposals made in the Union budget for 2010-11 on both counts. No new initiatives are proposed; no major...
More »Poverty estimates vs food entitlements by Jean Drèze
Statistical poverty lines should not become real-life eligibility criteria for food entitlements. Nothing is easier than to recognise a poor person when you see him or her. Yet the task of identifying and counting the poor seems to elude the country's best experts. Take for instance the “headcount” of rural poverty — the proportion of the rural population below the poverty line. At least four alternative figures are available: 28...
More »Global meltdown wipes out Asia's gains by Prime Sarmiento
The global economic crisis has wiped out developing Asia's recent gains in poverty eradication as the meltdown is expected to have driven 21 million more people in the region into poverty. A joint report by the United Nations and the Asian Development Bank shows that the global economic slowdown has slackened trade, slashed export and tourism receipts and raised unemployment levels. This makes it difficult for the region to achieve its...
More »Women’s groups hand over wish list to Finance Minister by Aarti Dhar
Ban forward trading of wheat and rice and undertake de-hoarding measures urgently Make higher budgetary allocations for Primary Health Centres which need to be strengthened Worst hit by the prices of essentials, women groups on Tuesday presented their wish-list for the budget to the Union Finance Minister Pranab Mukherjee.“The spiralling rise in prices of essential commodities and inflation have had a particularly adverse impact on women, and on families from the more...
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