Poor allocation of funds to key social sectors shows the government’s lacklustre approach to inclusive growth. We are reaching the end of a remarkable fiscal year,” said the finance minister as he rose to present the Union Budget 2011-12. Agreeing with the government that the year gone by presented us with several opportunities and challenges to address critical concerns pertaining to the social sector, the overall sense is that this Budget,...
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Despite growth, hunger pangs reality for millions by Subodh Varma
Although finance minister Pranab Mukherjee had promised food security and inclusive growth in his budget speech last year, hunger continues to stalk over 300 million citizens of the country. India slipped to 67th place in the Global Hunger Index 2010 rankings of 122 countries prepared by International Food Policy Research Institute. An Oxford University report said that 410 million Indians live in poverty. While there may be nit-picking over the...
More »Key govt plans falter owing to shortage of manpower by Subodh Varma
Four mega-programmes of the government, meant to tackle big-ticket issues like child nutrition, school education, health and employment, appear to be faltering not because funds are short but because adequate manpower has not been put in place. This is the surprising finding of a new study done by the Center for Budget and Governance Accountability (CBGA), a New Delhi based think tank. The four mega-programs are Integrated Child Development Services...
More »NGOs hold pre-Budget meeting with Pranab by Aarti Dhar
At present, the government spending on education is about 3.4 percent of GDP ‘It is imperative that the government increase outlays in Sarva Shiksha Abhiyan' A delegation of the People's Budget Initiative met Finance Minister Pranab Mukherjee here on Saturday to demand enhanced resources for the social sector which was crucial for the development of human resource and the nation. Formed in 2006, People's Budget Initiative is a coalition comprising representatives from people's...
More »India’s development report card shows fuzzy priorities by Subodh Varma
On Monday, leaders from 191 countries will get together in New York to review the progress in achieving the Millennium Development Goals (MDG) – a set of eight targets to fight hunger, disease and ignorance to be met by 2015. India has already prepared an interim report that shows mixed progress. But can we inch closer to achieving any of these targets in the remaining five years? Unlikely, if one...
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