Evidence that poverty has declined since India began to liberalise in the 1980s, that the acceleration in growth to 8-9% range since the mid-2000s has resulted in accelerated poverty reduction and that these trends hold for each broad social group rather than just the aggregate population is as irrefutable as it gets in social sciences. In the accompanying graphic, taken from a recent study by Megha Mukim and the author, show...

-PTI While petrol prices are market-linked, govt fixes LPG, kerosene and diesel rates, which results in huge expenditure on subsidies Making a case for raising prices of diesel, kerosene and LPG, the Reserve Bank today said hike in rates of petroleum products is necessary to arrest fiscal slippages. "Overall from the perspective of vulnerabilities emerging from the fiscal and current account deficits, it is imperative for macroeconomic stability that administered prices of petroleum...

Mamata Banerjee skipped today’s meeting on internal security but sought to extract her pound even in absentia. The Bengal chief minister asked the UPA government to bear the entire cost of deploying central forces for anti-Maoist operations in the states, arguing that Left-wing extremism (LWE) had “implications” for national security. “The LWE problem is not an ordinary law-and-order problem affecting a particular state. It has serious implications on national security. It would,...

As a preventive measure to avoid the recurrence of an NRHM-type scam, the government has worked out an IT-enabled near real-time monitoring network system to keep an eye not only on the fund flow from the Centre to the lowest level but also the physical outcome of expenditure on various Central social sector schemes. The new setup, to be rolled out across India in the next five years, is called the...

Progressive strengthening of public facilities is the only way to reach medical services to the population as a whole. “The best form of providing health protection would be to change the economic system which produces ill health, and to liquidate ignorance, poverty and unemployment. The practice of each individual purchasing his own medical care does not work. It is unjust, inefficient, wasteful and completely outmoded ... In our highly geared, modern...