The Planning Commission, the country’s apex planning body, is gradually reconciling to the fact that there would be no large gains in the gross budgetary support (GBS) in budget 2010-11, as the government struggles to reduce fiscal deficit. GBS is the money the Union government allocates to various government programmes through the Union budget. “The major objective of the finance ministry is to bring down the fiscal deficit from 6.8% of...
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How Bihar can rise as a developed state by Kailash Nautiyal
It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...
More »The lives of the poor have no value? by Mahesh Vijapurkar
Beware. If you are poor, go to a municipal or government hospital and seek medical help, chances are that anything can be done to you and if it affects your life or livelihood, there is nothing can be done to secure protection even if it is a case of medical negligence. Because, when you do not pay, you are getting things "not for a consideration" and when that consideration -- fees...
More »Ministry proposes changes in SEZ rules by Asit Ranjan Mishra
SEZ have been hurt by the global downturn and contraction in demand for domestic goods and services The commerce ministry has proposed measures to make it easier for developers to exit special economic zones (SEZs) that have been struggling with a contraction in global demand for goods produced at the tax-free enclaves. Specific provisions for the denotification of SEZs have been been put up for public comments till Thursday, after which they...
More »The gap widens by Shailaja Chandra
Several recent reports put India at the bottom when it comes to gender equality. It is time for a clearly-spelt new policy on women and development. SHAILAJA CHANDRA “By and large the attitude of a man towards his wife is possibly worse than his attitude towards his buffalo.”--Colin Gonzalves, Human Rights Lawyer The World Economic Forum, in a report titled the Global Gender Gap 2009, has quantified the magnitude of gender-based...
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