Poor allocation of funds to key social sectors shows the government’s lacklustre approach to inclusive growth. We are reaching the end of a remarkable fiscal year,” said the finance minister as he rose to present the Union Budget 2011-12. Agreeing with the government that the year gone by presented us with several opportunities and challenges to address critical concerns pertaining to the social sector, the overall sense is that this Budget,...

Cash transfers, the latest global development fashion, involve several risks in India, not least the risk of forgetting the need for continuing structural change. WHEN I was growing up, several decades ago, middle-class society in India was always a little delayed in catching on to Western fashions whether in music or dress or in other aspects. The past decades of globalisation seemed to have changed all that. Modern communications technology...

Even as the government make efforts to prohibit child labour, an Uttar Pradesh government-owned urban development agency itself has come under scanner for hiring minors for whitewashing and cleaning work at a housing project. Several children, aged below 14 years, were Tuesday seen sprucing up the Kanshi Ram Awas Yojna - a housing scheme for economically weaker sections of the society - in Kalindikunj town. The renovation of the Kanshi Ram Awas...

The country’s food subsidy bill is expected to jump by 27 per cent to Rs 74,231 crore in the 2010—11 fiscal, the Lok Sabha was told today. This is due to a rise in support price and higher procurement and distribution of foodgrains via ratio shops. Last year, the government’s food subsidy bill stood at Rs 58,242.45 crore. “The amount allocated for food subsidy during 2010—11 is Rs 59,354.56 crore...Based on the actual...

Opening the reply to the President's Motion of Thanks on behalf of the Left parties in the Rajya Sabha on Wednesday, Communist Party of India (Marxist) leader Sitaram Yechury, demanded the stopping of the “loot” of public money in the form of concessions to corporates and high-end taxpayers. This relief, worth several lakhs of rupees, should be used to narrow the rich-poor divide, he added. Calling upon the government to shift policy...