-The Telegraph The government may introduce dual rates for diesel — with the price of the fuel higher in cars and commercial power compared with the price for truckers and farmers — to prevent its misuse. During a parliamentary debate on the price rise, Opposition leaders asked finance minister Pranab Mukherjee if the government would withdraw subsidy benefits on diesel used by premium cars and commercial users such as telecom tower...
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Cash incentives to check school dropout rate by Meera Srinivasan
Total outlay for School Education is Rs.13,334 crore Students of classes X, XI and XII in government and government-aided schools will be entitled to an incentive after completion of schooling, Finance Minister O. Pannerselvam told the Assembly in the Budget speech for 2011-12 here on Thursday. The total outlay for School Education is Rs.13,334 crore. While students of classes X and XI would receive Rs.1,500 each per year for completion, students of...
More »A new land law in sight, finally
-Live Mint Finally, a serious roadblock in the country’s march to industrialization may be removed soon. The Union ministry of rural development has unveiled a draft National Land Acquisition and Rehabilitation and Resettlement (LARR) Bill. Once a law, LARR could potentially end arbitrary land acquisitions under the Land Acquisition Act of 1894. Any well-functioning market gives clear signals and prices are market-driven. The 1894 law with its ill-defined “public purpose” clause...
More »BPL salt does a double take
-The Telegraph It’s a move that will unwittingly rub salt on the wounds of around 36 lakh families in Jharkhand living below poverty line. With the Reserve Bank of India (RBI) recently withdrawing 25 paise coins from circulation, the state government has been forced to shed its friendly face and revise its decision to sell salt at 25 paise per kg to BPL families, commonly known as the lal-card holders. The Arjun Munda...
More »India’s employment challenge by Himanshu
The recent estimates of employment and unemployment from the 66th round (2009-10) of the National Sample Survey (NSS) belie any hopes that the growth of the Indian economy between 2004-05 and 2009-10 has been inclusive. Employment has expanded by only a million jobs during this period. Not only is this lowest ever growth recorded in any such period, the fact that it occurred during the period of highest growth in...
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