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Is Sonia's NAC-2 a Super Cabinet? by Sheela Bhatt

"It is wrong to say that we will become a super cabinet. We are here to get the Indian bureaucracy to see reason to carry forward social projects related to areas like health, food, agriculture speedily and make sure that people like (Planning Commission deputy chairman) Montek Singh Ahluwalia gets the correct picture and figures on social issues," a member of the National Advisory Council told rediff.com. The member argued...

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Strong fourth quarter

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

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2009-10 turns out not all that bad for farm sector by Harish Damodaran

Drought impacted agricultural production but not farm incomes.  The year 2009-10 was supposedly a bad year for Indian agriculture, given the worst ever monsoon since 1972. This is partly reflected in the 0.2 per cent growth registered by the farm sector (inclusive of forestry and fishing) in real terms, as per the Central Statistical Organisation's latest revised estimates of gross domestic product (GDP) for last fiscal. The virtual stagnation in agricultural output...

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Factories to contribute more to national income than farmers by Surabhi

ON May 31, when the government announces GDP numbers for 2009-10, for the first time, factories would contribute more to the national income than the country’s farmers, marking a significant shift in the structure of the India economy. That does not, however, diminish the importance of the farm, fisheries and the forest sector because of the disproportionately high percentage of people still engaged in these activities. Neither does it take...

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Rural electricity to speed up inclusion

The Indian Electricity Act, 2003, initially envisaged that the appropriate governments shall endeavour to supply electricity to all areas including villages and hamlets (Section 6), thus placing the responsibility for ensuring rural electricity supply on state governments. The UPA-I government amended this section to read as follows after detailed deliberations internally and with opposition parties: the concerned state government and the central government shall jointly endeavour to provide access to...

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