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India to invest Rs 15,000 crore on rural network

India has chalked out an ambitious plan to connect all the villages through telephony and Internet at an investment of Rs 15,000 crore, Sam Pitroda, an adviser to Prime Minister Manmohan Singh , said today. "A note for this investment will be sent to the Cabinet very soon," Pitroda, adviser to the Prime Minister on Public Information Infrastructure and Innovations, told reporters here. The investment would come from Rs 24,000 crore accumulated...

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NE farmers fail to avail loan: Pawar

Union Minister for Agriculture Sharad Pawar today expressed unhappiness over non-availing of agricultural  loan by the farmers of the North-Eastern States in the way it was expected, which he feels has hampered investment and finally the overall agricultural production of the region. "Though the Centre has doubled the agricultural credit amount recently and Centre has been able to disburse Rs 3, 50,000 crore this year, the North Eastern States have not...

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Towards another green revolution by NV Krishnakumar

Soon, the National Food Security Act  will become law. The ruling United Progressive Alliance flagship social security programme of providing every Below the Poverty Line (BPL) family with 25 kg of rice or wheat at Rs 3 per kg per month is a welcome step to alleviate some of the human trauma that haunts the poor in our country. The government also hopes that the Act will secure freedom from...

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The conditional safety net by Narayan Ramachandran

Latin America, the poster child of bad economic policy in the 1980s and early 1990s, is leading the way in one rapidly evolving area of social development: conditional cash transfer (CCT) programmes. These schemes provide cash payments to poor households that meet certain behavioural requirements, generally related to children’s healthcare and education. The idea here is to support minimal levels of consumption through income transfers, while encouraging long-term human development. The...

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Focus on power-poverty

The International Energy Agency (IEA) has highlighted that over 20% of the global population or 1.4 billion people lack access to electricity, which hinders economic and social development. Here in India, the grim reality is that almost half the population in rural areas has little or no supply of power. For long years, open-ended subsidies in power have mostly been diverted and usurped by the undeserving non-poor. Fortunately, social, managerial and...

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