Galloping food prices have shattered family budgets across the country, with latest inflation data showing that prices rose at nearly 18% in the week ending February 6. Many essentials of Indian kitchens are almost beyond reach; sugar is up by nearly 60%, pulses by 46% and potatoes by 53% over a year. In a country already suffering from chronic malnutrition and low incomes, this trend is a killer. President Pratibha...
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Women’s groups hand over wish list to Finance Minister by Aarti Dhar
Ban forward trading of wheat and rice and undertake de-hoarding measures urgently Make higher budgetary allocations for Primary Health Centres which need to be strengthened Worst hit by the prices of essentials, women groups on Tuesday presented their wish-list for the budget to the Union Finance Minister Pranab Mukherjee.“The spiralling rise in prices of essential commodities and inflation have had a particularly adverse impact on women, and on families from the more...
More »Global meltdown wipes out Asia's gains by Prime Sarmiento
The global economic crisis has wiped out developing Asia's recent gains in poverty eradication as the meltdown is expected to have driven 21 million more people in the region into poverty. A joint report by the United Nations and the Asian Development Bank shows that the global economic slowdown has slackened trade, slashed export and tourism receipts and raised unemployment levels. This makes it difficult for the region to achieve its...
More »Funds fail to draw doctors to villages by Subodh Varma
As the country awaits another central government Budget, there is a growing demand for more financial muscle on several fronts. But, is throwing money at complex problems really a solution? A look at the progress of a crucial program of the government, the National Rural Health Mission (NRHM), indicates that money can’t buy everything. One of the biggest bottlenecks facing policy-makers is that of medical personnel. Recently released data by...
More »Rs 1 lakh crore budget funds go unspent each year by Pradeep Thakur
While the government is grappling with a huge fiscal deficit and hence large borrowings to fund key social sector schemes, staggering sums of up to Rs 1 lakh crore in a year out of the money allocated to various ministries remained unspent between 2005-06 and 2007-08. Unspent provisions of Rs 100 crore each or more alone totalled Rs 59,000 crore in these years, according to the Comptroller and Auditor General....
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