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The siren song of cash transfers by Jayati Ghosh

Cash transfers cannot and should not replace the public provision of essential goods and services, but rather supplement them. Cash transfers are the latest fad of the international development industry, as the preferred strategy for poverty reduction. And now Indian Policymakers are busy catching up. The idea was mooted in the Government's Economic Survey for 2010-11, and the Finance Minister made an explicit announcement in his budget speech for replacing some...

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Increase outlay for higher and technical education by Dhiraj Mathur

The government passed the historic Right to Education Act (RTE Act) making education a fundamental right of every child.The Act makes it obligatory for the government to ensure that every child in the six to 14 years age group gets free elementary education.According to government estimates, there are nearly 220 million children in the relevant age group, of which 4.6%, or nearly 9.2 million, are out of school.Under the Act,...

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The imbalance in gender budgeting by Bhumika Jhamb

The allocations earmarked for women as a proportion of the total Union budget outlay has gone up from 3% in 2007-08 (revised estimate) to 6.1% in 2010-11 (budget estimate) It will be seven years since the government, acknowledging a gender imbalance, introduced gender budgeting in 2005-06. Ever since then, the annual budget has been accompanied by a gender budgeting statement. An analysis of the last four Union budgets reveals two things....

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The cash option by Jayati Ghosh

Cash transfers, the latest global development fashion, involve several risks in India, not least the risk of forgetting the need for continuing structural change. WHEN I was growing up, several decades ago, middle-class society in India was always a little delayed in catching on to Western fashions whether in music or dress or in other aspects. The past decades of globalisation seemed to have changed all that. Modern communications technology...

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FDI push & price pill by Jayanta Roy Chowdhury

President Pratibha Patil today reaffirmed the government’s resolve “to maintain the momentum for reforms on a wide front”, prompting Policymakers to outline the possible economic agenda ahead of the budget just a week away. Top officials offered their take on the phrase, mentioned in Patil’s speech to Parliament at the start of the budget session. According to the them, Prime Minister Manmohan Singh and finance minister Pranab Mukherjee are looking to...

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