-The Hindu Rs. 3,000 crore for the North-East alone; fillip to PM's rural scheme The Union Budget 2014 has given importance to fast-tracking highways and improving the road infrastructure to augment the nation's arterial network. "The sector had taken shape between 1998 and 2004 under NDA-I. The sector again needs huge amount of investment," said Finance Minister Arun Jaitley while tabling the Budget. "I propose investment in National Highways Authority of India and...
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Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
More »Bihar records highest dip in poverty ratio -Chetan Chauhan
-The Hindustan Times In what could be a relief to Janata Dal (United) leader Nitish Kumar, the C Rangarajan panel on poverty estimation report has said that in Bihar the poverty ratios dipped by over one-third in just two years between 2009-10 and 2011-12 - much greater than any other state in India. Kumar had resigned as Bihar chief minister after receiving drubbing at the hands of the BJP-led...
More »Get over the growth fetish -Ashish Kothari
-The Hindu Business Line Perpetual growth is a piece of nonsense. The focus should be on protecting livelihoods through sustainable means Construct a building, demolish it, reconstruct, break it down again, and go on repeating this meaningless exercise. You will have economic growth, as currently measured. But no net gain in employment during the endless cycle of construction and demolition, no net increase in productive capacity, and no appreciable change in poverty...
More »Gap in school quality and quantity
-The Telegraph The increase in enrolment in primary education in South Asian countries between 2001 and 2010 has not been matched by an increase in learning outcome of children, threatening economic growth in the region, a World Bank report has said. The report titled Student Learning in South Asia has analysed several studies in areas of learning outcome and the link between poor quality primary education and its impact on economic growth. The...
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