The Suresh Tendulkar committee report revising upwards poverty estimates across the country may further strain government finances with many of the states already demanding special status to address the issue and an enhanced allocation under many of the pro-poor schemes. The committee, in its report submitted to the Planning Commission last week, had estimated that 37% of India’s population is under the poverty line, while the proportion of the poor...

The Indian economy is picking up and should be able to expand at eight to nine per cent. It is high time that the government initiates a universal public distribution system covering at least the essential commodities. Incomes of the rich will go up and India will be a major player in the world when it revives. But the bulk of the population, about 70 per cent, will remain poor with...

**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...