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Ajay Chhibber, Regional Director of the UNDP interviewed by Arlene Chang

-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...

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Budget 2013: Super rich to pay more but no changes in income tax rates or slabs

-CNN-IBN Finance Minister P Chidambaram plans to get more income for the government by taxing the super-rich and the corporate sector even though he left untouched income tax rates and slabs. Chidamabaram allowed some relief for those who earn between Rs 2-5 lakh per year by announcing that they would be granted a tax credit of Rs 2000 and left most of the items untouched by not tinkering too much with...

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A walk on the wild side

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

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Food for all, by law not largesse-Akshai Jain

-Tehelka The National Food Security Act is probably going to undergo many changes before it is presented in Parliament. But everyone seems to agree that it’s time has come Towards the end of January, a few days after Republic Day and a little over a week after the Congress’s conclave in Jaipur, large half-page advertisements appeared in major newspapers: “Celebrating the 63rd year anniversary of our Republic by putting food on everybody’s...

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Abandoning the Right to Food-Ankita Aggarwal and Harsh Mander

-Economic and Political Weekly The proposed legislation on the National Food Security Act has been steadily watered down since it was fi rst mooted in 2009. The Parliamentary Standing Committee that examined the 2011 Bill has disappointingly continued with "targeting". If the government passes the bill incorporating the committee's suggestions, a historic opportunity to combat hunger and malnutrition would be lost. Ankita Aggarwal (aggarwal.ankita87@gmail.com) is a Research Scholar at the Centre for...

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