One looks forward to the Finance Minister's budget speech with a hope that it spells some new major initiatives and schemes for development, and that it might promise any major allocation of resources to any sector, besides fresh tax proposals. In the case of education sector, one might feel disappointed at the proposals made in the Union budget for 2010-11 on both counts. No new initiatives are proposed; no major...
More »SEARCH RESULT
Salary of below Rs 6000 a month is set to be new definition of urban poor by Smita Aggarwal
The government is likely to raise the income threshold to define the economically weaker section (EWS) to about Rs 6,000 a month from the current Rs 3,300 a month. This will increase EWS numbers by almost 40 per cent. The EWS population benefits from government housing schemes and gets softer interest rates on housing loans from state-owned banks. The move to hike the threshold is based on an internal report...
More »Rs 1 lakh crore budget funds go unspent each year by Pradeep Thakur
While the government is grappling with a huge fiscal deficit and hence large borrowings to fund key Social Sector Schemes, staggering sums of up to Rs 1 lakh crore in a year out of the money allocated to various ministries remained unspent between 2005-06 and 2007-08. Unspent provisions of Rs 100 crore each or more alone totalled Rs 59,000 crore in these years, according to the Comptroller and Auditor General....
More »Hidden apartheid by S Dorairaj
A recent survey carried out by the TNUEF brings to light details of the discrimination Dalits in Madurai have faced for generations. OVER seven decades have rolled by since the freedom fighter A. Vaidhyanatha Iyer successfully led Dalits into the Meenakshi temple in Madurai, overcoming all the impediments posed by the casteist forces that were hell-bent on thwarting the historic event. But the stark reality is that “hidden apartheid” against...
More »Maoism at Its Nadir: The Killings in Bengal by Vijay Prashad
Violence in West Bengal’s western districts has reached crisis proportions. Each day, one or more cadre member or sympathizer of the Communist Party of India (Marxist) [CPM] is killed either by Maoists or the Trinamul Congress (TMC). The Maoists have found common cause with the TMC, a breakaway from the Congress Party in Bengal. Mamata Banerjee, whose authoritarian populism draws from both Juan and Evita Peron, leads the TMC. Backed...
More »