The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
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CPI(M) opposes FDI in multi-brand retail trade
-The Hindu This pro-MNC neo-liberal framework will hit Indians It's a ploy to push for more sops to MNCs The CPI(M) on Saturday opposed the move to allow foreign direct investment (FDI) in multi-brand retail trade and called upon political parties and organisations to protest against this retrograde move. The CPI(M) Polit Bureau, in a statement, opposed the suggestion by the Inter-Ministerial Group on Inflation headed by the Chief Economic Adviser and said...
More »India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »Pranab asks NCPRI to directly forward views on Lokpal Bill by Gargi Parsai
Union Finance Minister and chairman of the Lokpal Bill Joint Draft Committee (JDC) Pranab Mukherjee has invited the National Campaign for People's Right to Information (NCPRI) to forward to him “directly” any suggestions/feedback on the Bill. He was responding to a letter written by Nikhil de of the NCPRI to him, seeking information on the procedures being followed by the panel and on public consultations. It is understood that in the...
More »No safety study undertaken on Jaitapur project: Justice Shah by Vinaya Deshpande
Lamenting the lack of public debate in India, the former Chief Justice of Delhi High Court, A.P. Shah, said during the public hearing on the safety, viability and cost Efficiency of nuclear energy here on Saturday that the Jaitapur nuclear power project would be a catastrophe if all the safety concerns were not addressed. Lamenting the lack of public debate in India, the former Chief Justice of Delhi High Court, A.P....
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