Ranchi: It was a budget aimed at sweetening the bitter price rise pill. From cutting down VAT on diesel, sweets and ice- cream to making foodgrains available at Re 1 per kg for the poor, deputy chief minister Raghubar Das today presented an annual budget which focused on rural development, food security and social welfare. Chanting the “inclusive growth” mantra, Das, the BJP face in the Shibu Soren government, showed...

Statistical poverty lines should not become real-life eligibility criteria for food entitlements.  Nothing is easier than to recognise a poor person when you see him or her. Yet the task of identifying and counting the poor seems to elude the country's best experts. Take for instance the “headcount” of rural poverty — the proportion of the rural population below the poverty line. At least four alternative figures are available: 28...

When the government passed the Right to Information (RTI) Act in 2005, it should have added a statutory warning: exercising this right may be extremely injurious to health. Shashidhar Mishra of Begusarai, who was murdered by unknown assailants last Sunday, is the second RTI activist to be killed in a month for perhaps knowing too much. Attacks on RTI activists have emerged as a disturbing trend of late, especially in...

The Centre has finalised guidelines that pave the way for a wide range of works on private land under the rural job scheme. The beneficiaries will be small and marginal farmers across all categories, Scheduled Castes and Tribes and families below the poverty line (BPL). The list of works under the National Rural Employment Guarantee Act (NREGA) is likely to include construction of wells, ponds, ground-water works, levelling and shaping of...

Just as microcredit on its own does not represent full financial inclusion, it is our view that neither do business correspondent accounts In a country of 1.2 billion individuals, if we exclude children, we should at least have 900 million bank account holders before we can say the job of basic inclusion in banking is complete. No matter how we count, however, the actual number of bank account holders do not...