-Economic and Political Weekly   Budget 2012, built yet again at the altar of fiscal fundamentalism, will not convince anybody. In this era of immediate assessment it took just a few minutes for the Union Budget for 2012-13 to be given one or the other negative appellation – “lacklustre”, “anti-growth”, “back to the 1980s”, “without reform” and the like. Such evaluations forget that union budgets have long since ceased to be statements of...

To get the Below Poverty Line figures in perspective, we need to closely monitor the numbers driving the Corporate Plunder Line. One Tendulkar makes the big scores. The other wrecks the averages. The Planning Commission clearly prefers Suresh to Sachin. Using Professor Tendulkar's methodology, it declares that there's been another massive fall in poverty. Yes, another (“more dramatic in the rural areas”). “Record Fall in Poverty” reads one headline. The record...

-The Times of India   The Right to Information (RTI) Act may have helped unearth some of the biggest scams and anomalies in schemes like NRHM and MGNREGA, but it is yet to become a potent tool to fight injustice for the common man. And the biggest stumbling block is the attitude of the government departments. The Act lays down that information should be provided within 30 days to the seeker.  But a...

Trying—and failing—to live on the govt’s definition of ‘not poor’ Dietetics Of Poverty     Three cups of tea, adding up to about 150 calories     Two slices of bread (100 calories)     Two pieces of kulcha with chhole (about 425 calories)     Bread and tea hardly contain any nutrients. Milk may provide some calcium.     Near-starvation diets, with hardly any vitamins or minerals, can lead to a breakdown of muscles and weight loss over a...

One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...