Once India sold poverty to foreigners; now it’s being asked to export its top anti-poverty scheme. Five foreign governments have asked the Centre to help them replicate the rural job scheme in their countries, officials have said. South Africa was the first to have shown interest in the National Rural Employment Guarantee Act (NREGA), India’s “cushion for poor people’’ in the words of the World Bank. The other four too are African...
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Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
More »Vision 2010: a dangerous myopia by Amiya Kumar Bagchi
The Central budget of 2010-11 is a further step in the realisation of a vision of India vibrant with the income, wealth, saving, education and the entrepreneurial energy of the top 5-10 per cent of the population and the rest of Indians, serving that minority and surviving as barely literate, malnourished multitude. With the accession of Rajiv Gandhi to power, a vision began to germinate. That vision was that of...
More »Education in the Union budget by Jandhyala BG Tilak
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 »Swaminathan’s concerns can’t be addressed: nutrition body chief by Jacob P Koshy
Sesikaran says Bt crop’s long-term effect on health can be studied only if it’s approved for commercial production Concerns raised by agriculture scientist M.S. Swaminathan, cited by the government as among the reasons to put a halt to the release of Bt brinjal, will be impossible to address, according to the head of a state-run laboratory. Swaminathan, 84, credited with the success of the Green Revolution of the 1960s that made India...
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