Budget 2011-12 belies hopes of effectively addressing the housing needs of the poor. It fails to provide the much-needed impetus to improve the supply of affordable housing for economically weaker sections (EWS) and low-income groups (LIG), particularly those who live in the urban areas. About 99 per cent of housing shortage pertains to these two socio-economic categories. In absolute terms, by the end of 2012, the deficit will be as...

With food inflation hovering in the double digit bracket for most part of 2010-11 and the aam aadmi up in arms, all hopes were pinned on the Union Budget 2011-12 for giving a new fillip to the farm sector. But the budget has disappointed most, in spite of finance minister Pranab Mukherjee allocating Rs 14,744 crore for agriculture. “An increase of only 2.6 per cent over last year makes the...

Union finance minister Pranab Mukherjee has been able to convey the impression that the agricultural sector was a key area of policy focus for his budget, but just about. He has chosen some good policies and programmes to boost agricultural development, but has done so in a half-hearted manner. Whether the agricultural sector actually benefits from his attention remains to be seen given that he has been niggardly in the...

Budget 2011-12 marks a sharp retreat of the government from the social and economic sectors. It has cut back expenditures in sectors that matter to common people, especially the poor. On the other hand, it has given huge concessions to the corporate sector in the form of tax cuts and exemptions. Let us take the overall fiscal stance of the budget. The underlying strategy is to reduce its fiscal deficit to...

This is a collection of 45 select articles written by M.S. Swaminathan over the past 20 years. Arranged in six sections, they cover ‘sustainable development in Indian agriculture', ‘technology and evergreen revolution', ‘sustainable food security', ‘agrarian crisis', ‘WTO and Indian farmers', and ‘shaping India's agricultural destiny'. As Jeffrey Sachs says in his foreword, Swaminathan had “recognised already in the early days of India's green revolution that the new breakthroughs could create...