-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
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Small States, big problems-Ajay Gudavarthy
-The Hindu Even a cursory look at how Uttarakhand, Chhattisgarh and Jharkhand have fared will tell us how the mere formation of a smaller State is no guarantee for better lives for those groups for whom these States have been created Smaller States have been the new political mode of addressing basic issues that were otherwise left unresolved. However, fighting for a new state and reconstructing on a more sustainable democratic content...
More »A faulty food security plan-Jean-Pierre Lehmann and Suddha Chakravartti
-The Financial Express The Indian success story increasingly looks like a tale of naivety and optimistic complacency. The Indian success story increasingly looks like a tale of naivety and optimistic complacency, with the fantasy of ‘India Shining' obfuscating the reality of widespread deprivation. Despite rapid economic growth during the past decade, millions continue to live in poverty and hunger. The Indian government aims to address abject hunger and malnutrition with the National Food...
More »Setting up of 3500 model schools at block level through State Governments in Educationally Backward Blocks
-Press Information Bureau (Cabinet Committee on Economic Affairs) The Cabinet Committee on Economic Affairs has approved setting up of 3500 model schools in Educationally Backward Blocks (EBBs) in 27 States/UTs with certain modifications. This is under the scheme for setting up of 6000 model schools at block level as a benchmark of excellence. This decision will ease the extra financial burden of the State / UT Governments resulting in effective implementation...
More »The wealth of forests-Sunita Narain
-The Business Standard It is an inconvenient truth that the poorest people in India live in the country's richest forests. The management of this green wealth has not brought any benefits to the locals Forests have been blacked out in the economic assessment of the country. The Economic Survey does not even list forestry as a sector, for which accounts are prepared. Instead, it is lumped together with agriculture and fisheries. In...
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