-The Times of India In what could turn out to be its calling card for the 2014 general elections, the government is finalizing a Rs 7,000 crore scheme to give one mobile phone to every family living below the poverty line. Sources in the PMO said the scheme—Har Hath Mein Phone—expected to be announced by PM Manmohan Singh on August 15, will not only aim to give away mobiles to around six...
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Switch from farm subsidy to farm investment-Ashok Gulati
-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...
More »Anna comes down to earth-TK Arun
-The Times of India A middleclass dream that politics can be redeemed by means other than politics has just ended, with Team Anna’s decision to launch a political party and join the fray. Many of his ardent supporters and well-wishers have registered deep disappointment. Anna is becoming part of the problem, they cry. The problem was with the hope that gods out of the machine can serve up deliverance on a...
More »The bottom line
-The Indian Express New NSS data affirms that GDP growth remains the best way to tackle poverty Amid the pervasive economic gloom, provisional data from the 68th round of the National Sample Survey Office’s just-concluded household consumer expenditure survey offers a sliver of good news. According to it, average inflation-adjusted expenditure for July 2011-June 2012 rose by about 4.5 per cent in two years, with the poorest 10 per cent of the...
More »Poverty plunged under UPA rule, claims govt study-Chetan Chauhan
-The Hindustan Times The UPA government’s economic policies have resulted in record reduction of poverty over the last two years, with the individual’s monthly expenditure rising by around 18% per annum, the highest since 1987, government data released a week before the Parliament’s monsoon session claimed. The government’s National Sample Survey Organisation released the provisional data of the Household Consumer Expenditure Survey for 2011-12 on Wednesday. The study is the most crucial...
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