In planning, pursuit of profit was not seen as being in the social interest in the post-Independence years, but now profit is the sole motive. FOR two decades now the Government of India has pursued a policy of accelerated liberalisation, dismantling controls, diluting regulations and making the state a facilitator of private investment. It is not that the presence of the state has diminished during this period, but that its role...

-The Times of India   The Rs 32 per capita urban poverty line is a measure only of extreme poverty, not of acceptable consumption-linked daily expenditure. Planning Commission deputy chairman Montek Singh Ahluwalia and rural development minister Jairam Ramesh have clarified this. They've also stated that prevailing BPL figures won't determine selection of the beneficiaries of social schemes. This hopefully will put an end to the high-decibel protests of opposition parties and...

-The Economic Times   The Planning Commission, under a sustained attack from the Union Cabinet and the National Advisory Council over its affidavit to the Supreme Courtthat claimed that the rural poor can take care of his food, educational and health requirements with 25 a day, is expected to revise its stand on Monday. This follows a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Prime Minister Manmohan Singh here...

-The Business Standard   It appears a committee headed by Planning Commission member Arun Maira examining the case for continued unrestricted foreign direct investment (FDI) in the pharmaceutical industry has opted to oppose the move to change the present regime. The only concession it is willing to make to the health and commerce ministries’ demand that approval of such investment be routed through the Foreign Investment Promotion Board is to ask for...

-The Telegraph   Chief minister Arjun Munda today slammed the poverty benchmark fixed by the Planning Commission. “The poverty yardstick is faulty and will put a poor state like Jharkhand at a great disadvantage,” the chief minister told The Telegraph. “How can a person survive on Rs 32 daily in urban areas and Rs 26 in rural areas? Munda asked and sought a central review for the sake of the poor. The fear in...