Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...

After the public outcry over the controversial Rs 28 a day poverty formulation, the Planning Commission has put the poverty debate in a deep freeze with the government setting up yet another expert group to take a relook at the existing methodology to determine the number of poor in the country. The decision, taken under public pressure, can be interpreted as rejection of the Tendulkar Committee report based on which the...

The Planning Commission has distanced itself from the government's decision to appoint a committee to reconsider the way poverty numbers are estimated, indicating a deep divide between the political masters and the technocrats at institution charged with laying down development agenda for the country. On Thursday, Minister for Planning Ashwini Kumar announced a committee under C Rangarajan, chairman of prime minister's economic advisory council, to review the widely criticised poverty estimates released...

Books, cartoons and judgments are being discussed thoroughly from highest bodies of liberal democracy like Parliament to constituents of public sphere i.e. print to media artefacts. Primarily, there are two standpoints regarding inclusion/exclusion of cartoons in NCERT Books (political science). Inclusionary argument is based on idea of deliverance of great service to B.R.Ambedkar while emphasising his teachings, ideas and place in the book. Exclusionary argument is based on cartoon itself...

-The Telegraph The government today set up an expert committee to suggest a new methodology for determining who is poor and who is not, following widespread condemnation of its existing criteria last year. However, the five-member committee headed by C. Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, will also examine the existing methodology, which was suggested by a previous expert panel formed under Suresh Tendulkar. Tendulkar’s methodology was solely based on...