The Prime Minister's focus on double-digit growth is not due to any ‘growth mania'. It is for the benefit of the poor. At a recent function for police officers, the Prime Minister observed: “If we don't control Naxalism, we have to say goodbye to our country's ambition to sustain a growth rate of 10 to 11 per cent per annum.” Some commentators (like Prof Prabhat Patnaik of JNU) interpret this (in a...
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In two voices by Venkitesh Ramakrishnan
Recent actions of some senior BJP leaders hint at an understanding between the Congress and the main opposition at the leadership level. THE Bharatiya Janata Party's (BJP) credentials and commitment as the principal opposition party of the country have been repeatedly questioned in the past seven years, the period in which the Congress-led United Progressive Alliance (UPA) has held the reins of power at the Centre. Recent developments in Parliament...
More »Budget falls short on basics by PV Indiresan
The Budget should be an instrument of economic discipline and a promoter of healthy social development. As it is, it is like a leaky tap; it cannot halt inflation without disciplining political skulduggery. March 21, 2011: A lot has been written about the Budget, how it affects this or that industry or business, or how it will increase or decrease the GNP growth rate. Undoubtedly, all those factors are important. But...
More »Booming economy not helping our malnourished kids: Study
India's impressive economic growth has not led to a reduction in under-nutrition among its children, according to a Harvard study that said the government should use its growing revenues for direct investments in aid like food stamps to address the problem. The Harvard School of Public Health study analysed malnutrition across various regions in India. It said under-nutrition was worst in poor and populous states like Bihar, Madhya Pradesh and Uttar...
More »Punjab Budget woos women, BPL families by Sukhdeep Kaur
“Budget is more than a document of income and expenditure. People expect it to tackle the twin problems of poverty and social injustice while ensuring better income and standard of living.” Country’s first woman Finance Minister of any state government, Upinderjit Kaur, said this while presenting her first budget and last of the present Akali-BJP government on Monday. With the state slated to go to polls early next year, the Rs...
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