The union finance ministry’s decision to partially subside capital investment in healthcare and education by extending the “viability gap funding” facility to these sectors is welcome as they are vital areas of social infrastructure, which are no less important than roads and bridges. But every sector has its own complexity and the nuancing that the health ministry has sought for such subsidy to healthcare infrastructure needs serious attention. The ministry’s...
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Oppressor's case by TK Rajalakshmi
Women's organisations rise up against a petition that seeks an amendment to Section 498A of the Indian Penal Code. A PETITION that alleges the misuse of Section 498A of the Indian Penal Code, which has been admitted by the Rajya Sabha Committee on Petitions, has become an object of concern among leading women's organisations in the country. The petition claims that the law, dealing with dowry-related torture and acute domestic...
More »Govt focuses on market linkages for farmers to boost pulses yield by Sanjeeb Mukherjee
Plans to set up 150 farmer-producer organisations in 11 states. The government is planning to provide market linkages for farmers growing pulses as part of a programme announced in the Budget to improve their production, as scarcity of this essential item was one of the major contributors to food inflation a few years back. “The share of pulses growers in the consumer price is very low on account of a lack of...
More »How Pranab squared the deficit hole by AK Bhattacharya
Just reclassified Rs 1.46 lakh crore of spending as capital investment. Finance Minister Pranab Mukherjee’s Budget for 2011-12 seems to have used a new accounting system to make a virtue of necessity. Committed to provide funds to run the Mahatma Gandhi National Rural Employment Guarantee Scheme or MGNREGS, Mukherjee has transferred the entire financial allocation for the scheme under a head that will now help him take credit for a reduced effective...
More »Advani targets PM, Left says C in Congress stands for Corruption
A WikiLeaks cable that suggests the Congress was paying MPs to support the government during a vote of confidence has triggered a ferocious new assault on the government by the Opposition. "This government must quit," said LK Advani, BJP leader, adding that "The PM must take responsibility and resign...he has no moral authority to lead the government." The Indian players who star in the cable have denied its claims. Pranab...
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