It is time for India's government to put its money where its mouth is. New Delhi has raised some $30 billion since March by selling state assets and telecom airwaves. That is about as much as the country will attract in foreign direct investment this fiscal year. There is one area above all else where this money should be directed: food security. New Delhi talks a lot about guaranteeing food for India's...
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Panel proposes UID-linked direct subsidy by Utpal Bhaskar
The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...
More »Farmer displacement will increase poverty by PSM Rao
Some people feel agriculture in India provides employment much beyond its capacity — that is, the number of people working on the farm is many times the actual requirement. Prime Minister Manmohan Singh is among the proponents of this view. In his interaction with a group of editors last month, Singh said, “The only way we can raise our heads above poverty is for more people to be taken out of...
More »Commonwealth Games: a citizen's memoir by Krishna Kumar
The opening and closing ceremonies received wide acclaim but left many citizens like me a bit terrified and confused. Now that the terms of inquiry into the conduct of the Commonwealth Games have been extended, let us hope that the process of probe will be more open than was decision-making for the CWG. Let us also hope that the review will cover the opening and closing ceremonies as well, both in...
More »A raw deal for children in budgets: child rights body by Aarti Dhar
They received mere 4.45 paise out of every Rs.100 allocated On an average, children received a mere 4.45 paise out of every Rs.100 allocated in the Union budget from 2004-05 to 2008-09. Even as India is hailed worldwide as one of the fastest growing economies, it seems to neglect its children, who constitute 42 per cent of the population. Not only are children's issues, especially health, nutrition and security, falling off the...
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