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Poverty has increased during period of economic growth, says economist

-The Hindu Chennai: India's economic boom in the first decade of the 21st Century coincided with an increase in the magnitude of poverty, economist Prabhat Patnaik said here on Saturday. "There has been a period of positive growth as far as the GDP is concerned. But during this period , there has been an increase in magnitude of absolute poverty," he said. "While the Planning Commission insists that proportion of population below...

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Evaluation office for rural development -Elizabeth Roche

-The Times of India The new office will give real time analysis of the government's social programmes, says Jairam Ramesh At a time when the Congress-led United Progressive Alliance (UPA) government is facing flak for a series of alleged corruption scams, the ministry of rural development that has an annual budget of approximately ` 800 billion has decided to go ahead and create an office of concurrent evaluation. The proposal for a...

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NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh

-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...

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Tracking the eye-balls-Prashant Jha

-The Hindu Ask any television journalist why they sometimes behave in the manner they do - aggressive, over-the-top, loud, over simplifying complex issues, whipping jingoism and hysteria with little restraint - and the reaction is unanimous, "This is what sells." Ask any general entertainment channel official why they invest in shows which often reinforce the most conservative and patriarchal of attitudes, and the response is similar, "This is what people...

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Setback to Mamata as court rules in favour of 3-phase polls-Shiv Sahay Singh

-The Hindu Kolkata: In a setback to the Mamata Banerjee government, the Calcutta High Court on Friday directed that panchayat polls in 17 districts be held in three phases with the government fully compensating the shortfall in security forces to the satisfaction of the State Election Commission. Justice Biswanath Somadder rejected the government's arguments on all the contentious issues in its writ petition and directed that it inform the Commission of...

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