Cash transfers cannot and should not replace the public provision of essential goods and services, but rather supplement them. Cash transfers are the latest fad of the international development industry, as the preferred strategy for poverty reduction. And now Indian policymakers are busy catching up. The idea was mooted in the Government's Economic Survey for 2010-11, and the Finance Minister made an explicit announcement in his budget speech for replacing some...
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Agriculture and allied sectors get 14,744 cr by Jacob P Koshy
Although rising food prices remain a critical concern, finance minister Pranab Mukherjee is counting on better supply management, improved output of pulses and rice, better access to rural credit and strengthening of existing agricultural schemes to bolster India’s farm output. The rural economy employs about 60% of India’s work force, contributes about 17% of gross domestic product, and is expected to post 5.4% growth over last year, according to advanced estimates...
More »Govt likely to shelve tax on healthcare
Caught between public outcry and Congress reservations, the government on Tuesday indicated that it was willing to review the Budget proposal to levy a service charge on healthcare costs of individuals. But those opting for medical insurance might have to remain under the ambit of the levy. ''Whether the service tax will be on 25-bed hospitals or whether it will be on all tests is something that can be discussed,'' revenue...
More »Budget gives social sector short shrift by Radhieka Pandeya
The budget has allocated of total Rs160,887 crore, or 36.4% Plan allocation, to the social sector. The Bharat Nirman group of welfare schemes has together been allocated Rs58,000 crore. The income of workers and helpers at anganwadis, or government-run day-care centres, has been doubled. The move is expected to benefit nearly 2.2 million people. However, it has not been replicated for voluntary accredited social health activists of the National Rural...
More »A guide to understanding UID number by Harshada Karnik
Urbanization comes with its share of problems. Your new job lands you in a new city and you need necessities such as a mobile connection, a broadband connection or a bank account transfer as soon as possible. Your only hope in such cases till now is maybe a letter from the employer authenticating your address. Enter UID, the unique identity project headed by Nandan Nilekani, which promises to give an acceptable...
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