-IANS Debunking the government's claim that the number of poor in India has come down, a top adviser has claimed that around 70 % of the country's 1.2 billion population is poor, and stressed the need for a multi-dimensional assessment of poverty. "The government claim that poverty has come down is not valid... there is a need for a multi-dimensional assessment of poverty as around 70% of the population is poor," National Advisory...
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In whose welfare?-Gaurav Choudhury
One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...
More »A bound-to-fail positive effort-Panini Anand
THE DEBATE on the National Food Security Bill, tabled in parliament three months ago, is on full swing. Economists from both sides are arming their arguments with facts and logic. The people who would benefit of this legislation are in a dilemma. This prompts the consideration that the experts must try to see the issue from the ground reality of food security and its beneficiaries. Undoubtedly, it’s a great and historical...
More »Budget 2012: Farce of food subsidy being played out again-Nidhi Nath Srinivas
The UPA-II has used the Budget to again play politics with hunger. But it has paid no heed to the ticking time bomb of growing social tensions as 58 million Indians living off agriculture slide deeper into poverty. The Economic Survey says more than half the population is dependent on a sector whose share in the economy is shrinking. The urban-rural income divide is therefore steadily widening, a tinder box that...
More »Kudankulam nuclear plant gets Jaya go-ahead
-The Times of India With Tamil Nadu CM J Jayalalithaa giving the nod for the Kudankulam nuclear power plants, Russia said that it was going to send its scientists to the site on Tuesday to start commissioning work for the first unit of the reactors. Russian officials in India said that Moscow stood vindicated by Jayalalithaa's decision to back the reactors that couldn't be commissioned last year because of sudden protests...
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