Bhubaneswar: Poor budgetary expenditure has been a cause of headache for the state government with less than a month left for the end of this fiscal. An official review revealed that the government departments had been able to spend only 56 per cent of budgetary allocations on an average by January-end. Interestingly, the steel and mines department tops the laggard departments showing the lowest expenditure of 5 per cent, followed by co-operation...

HRD ministry and states can be happy as 13th Finance Commission has been the most generous for elementary education allocating Rs 24,068 crore for Sarva Shiksha Abhiyan to all the states for the next five years. It has also fully accepted the demand for grants made by the HRD ministry. Even though funding for Right to Education has not been worked out, the Commission recognises that more funds will be...

Monica Das Gupta is a senior social scientist at the World Bank. Her field research in Punjab, when she was at the National Council of Applied Economic Research, established that sex differentials in child mortality in rural Punjab persisted despite relative wealth, socio-economic development including rapid universalization of female education, fertility decline, and mortality decline. Amartya Sen’s writings drew attention to female foeticide and infanticide in Asia that led to...

The global economic crisis has wiped out developing Asia's recent gains in poverty eradication as the meltdown is expected to have driven 21 million more people in the region into poverty. A joint report by the United Nations and the Asian Development Bank shows that the global economic slowdown has slackened trade, slashed export and tourism receipts and raised unemployment levels. This makes it difficult for the region to achieve its...

Ban forward trading of wheat and rice and undertake de-hoarding measures urgently Make higher budgetary allocations for Primary Health Centres which need to be strengthened Worst hit by the prices of essentials, women groups on Tuesday presented their wish-list for the budget to the Union Finance Minister Pranab Mukherjee.“The spiralling rise in prices of essential commodities and inflation have had a particularly adverse impact on women, and on families from the more...