The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
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MGNREGS gets mixed review from World Bank
-PTI The government’s flagship rural job guarantee scheme is innovative and has achieved quite high coverage but faces challenges like uneven implementation across states and “some evidence” of leakage of funds, a new World Bank report says. The study ‘Social Protection for a Changing India’ also says ensuring higher degree of awareness among people about the process of applying for work under the scheme and a strong monitoring and evaluation system...
More »World Bank supports cash transfer for PDS by Trithesh Nandan
Blames FCI’s internal bureaucracy for resisting reforms Much to the dismay of several NGOs that want strengthening of the public distribution system (PDS) in India, the World Bank in its latest report has favoured cash transfers. “In the medium to long term, the report recommends offering households the option of a cash transfer while continuing food-based support for specific situations…,” the bank said in the report titled ‘Social Protection for a Changing...
More »UN summit adopts 10-year plan to help lift developing countries out of poverty
Participants at a United Nations summit today outlined a 10-year plan to support the world’s most vulnerable countries overcome poverty, calling on the private sector to play a greater role in the fight, urging wealthy nations to step up their aid commitments and demanding the elimination of many trade barriers. The Istanbul Programme of Action to spur development and economic growth was made public at the end of the Fourth UN...
More »Lokpal Bill will tide over personal attacks: Civil groups by Gargi Parsai
Campaign against Bhushans seen as a bid to scuttle proposed Bill Prashant Bhushan has appeared for social causes without charging any fees: NAPM “His voice against Operation Green Hunt has also raised hackles in certain quarters” Even as the Union Finance Minister and chairman of the joint drafting committee on Lokpal Bill, Pranab Mukherjee, said over the weekend that the controversy surrounding some panel members would not impact the formulation of the Bill,...
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