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$15 bn rollover of subsidy costs into next budget?

-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...

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India’s invisible population -Nithya V Raman and Priti Narayan

-The Hindu Denying basic amenities to residents of ‘unrecognised' slums is an affront to their dignity; resettling them fails to address their concerns and is unviable financially Since 2005, the Central government has given significant amounts of money to the States to improve conditions for the country's urban poor, first under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and more recently through the slow-moving Rajiv Awas Yojana (RAY). Unfortunately, very few...

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Healthcare for India’s workers

-The Hindu The Union Ministry of Labour has done well to raise the salary cap for availing Employees' State Insurance (ESI) to Rs.25,000. While the move is expected to expand coverage to an additional five million workers and their dependents, this is still small comfort in a country where barely three per cent of the workforce enjoys any social protection. The evolution of ESI has been characterised by an accent...

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Fellowship of apathy-Sreelatha Menon

-The Business Standard The Prime Minister's Rural Development Fellows are being pampered with funds to serve for just two years   The Prime Minister's Rural Development Fellows scheme, announced two years ago, sounded like a novel way to connect educated youth to the problems of backward rural areas hit by Maoist violence. But it is now surrounded by questions as its financial size is now larger than the problem it seeks to solve...

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Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari

-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....

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