-The Business Standard The transition to direct fertiliser subsidy will not be easy The road map for direct transfer of fertiliser subsidy to farmers that Finance Minister Pranab Mukherjee outlined in the Budget has come under a cloud even before it is rolled out. Most in the fertiliser sector – including, notably, the fertiliser ministry and fertiliser dealers – are wary of trying it out, for fear that it might create more...
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Unpalatable truths by TK Rakalakshmi
The hunger and malnutrition situation in the country has shown marginal improvement, according to the HUNGaMA report. ONE area that has always bothered policymakers in a growth-obsessed economy is the state of the social sector, in particular figures indicating the numbers of people going hungry or are homeless and children who are out of school, the poor nutritional status of women and children, and the high infant and maternal mortality rates....
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Audit on for rural job plan
-The Telegraph The comptroller and auditor general today began a performance audit of the rural job scheme in 12 states, including Bengal, amid allegations of widespread corruption hobbling India’s largest social sector programme. The idea is to see whether the scheme has indeed secured villagers’ livelihood by providing guaranteed employment, and whether rules have been followed in its implementation. For instance, at least 60 per cent of the expenditure on every project under...
More »CAG nails Bengal Left on food supply
-The Telegraph The Comptroller and Auditor General has found gross deficiencies by the food and supplies department when the Left was in power in Bengal. The CAG report for 2009-2010 says the state food and supplies department could not claim central subsidy worth Rs 133.66 crore as it failed to furnish annual accounts of the public distribution system for the period 2005-2010. The report also says the finance department, through which the Centre...
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