-DNA Elections 2014 are around the corner. And when elections draw nearer, the Government suddenly wakes up and thinks of its duties towards the people. This year is no exception. Whether it is the one-rank-one-pension for the retired defence personnel or the legal monthly entitlement of 5kg of wheat/rice/millet for poor households under the national Food Security Act or the announcement of a 7th Pay Commission along with a DA instalment...
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Water For The Leeward India -Jean Dreze and Reetika Khera
-Outlook As Subsidies for the poor continue to be under attack, a ground-up report from 10-states shows how well welfare schemes have worked over the last 10 years. Ahead of Elections 2014, rights-based welfare schemes are under attack. To those who argue ‘Dolenomics' doesn't work, a survey of five schemes in 10 states shows that the Rs 1,68,478 crore annually the nation spends is making a real and tangible difference on...
More »The poor without the benefits-Parkash Chander
-The Hindu Restricting the price subsidy to coarse grains alone will not only work better from both fiscal and equity points of view but also weaken the incentives for graft The National Food Security Act (NFSA), passed recently by Parliament, offers 5 kg per person a month of cereals at highly subsidised prices to more than the bottom two-thirds of the population. It has been rightly hailed as the largest welfare programme...
More »Who foots the huge dole for business? -Latha Jishnu
-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
More »Nationwide survey finds Indian farmers in bad shape -Vishwa Mohan
-The Times of India NEW DELHI: Minimum support price (MSP) of most of the food-grains has been increased by over 100% in the past 10 years, but it hardly benefited farmers in eastern and central India as majority there have not even heard of such procurement system. The situation is equally bad in other parts - except in states like Punjab, Haryana, Maharashtra and Western Uttar Pradesh - where farmers don't get...
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