-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...
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Govt Claims Of Higher PDS Leakage Not True, Economists Say -Anirvan Ghosh
-HuffingtonPost.in Corruption in the Public Distribution System has been cited by the Indian government as the main reason to go for cash transfers to low-income and below-poverty-line families that qualify for receiving them. Such corruption includes siphoning off grains meant for the poor by middlemen and then selling them in the open market to make profit, or higher income families receiving subsidized food through collusion with officials. Both lead to leakages and...
More »Economists dispute govt. claims on PDS leakage -Rukmini S
-The Hindu New Delhi: Just how leaky is the Public Distribution System and is it getting worse or better? The question is at the centre of a dispute between economists over recent estimates of diversion in the PDS used in an official report. The Shanta Kumar high-level committee on the restructuring of the Food Corporation of India submitted its report to Prime Minister Narendra Modi last week, recommending a gradual move...
More »Dispossession, development and democracy -Michael Levien
-The Hindu While liberalisation's backers are not squeamish in admitting that democracy is an impediment to the free market economic model, farmers who are dispossessed of land argue that they are undercompensated and that the profit of private companies is not a public purpose Since it was passed by Parliament in September 2013, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) has been criticised from...
More »Modi government's doublespeak on food security is a recipe for chaos and corruption -Jean Drèze
-Scroll.in The strongest safeguard against fraud is not end-to-end computerisation but clarity of entitlements: if people know what is due to them, they will fight for it. In a stunning admission of party hypocrisy, former Food Minister Shanta Kumar recently stated that the Bharatiya Janata Party's support for the National Food Security Act last year was just a pretence. Remember, when the act was being discussed in Parliament, BJP leaders (from Narendra...
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