'Food subsidy is a massive burden…if so much is spent on subsidies, what is left for development?' agriculture minister Sharad Pawar recently asked. It is a legitimate question that is on the minds of many but seldom gets asked for fear of appearing callous. Are we prematurely trying to be a welfare State? In the developed world, safety nets like food stamps are regarded as humanitarian obligations toward the poor....
More »SEARCH RESULT
Jangalmahal: Receding Prospects of Dialogue
-Economic and Political Weekly Mamata Banerjee concurs with P Chidambaram’s counterinsurgency strategy. She revels in rhetoric – Mamata Banerjee’s word of honour was parivartan (change). A large section of the people of West Bengal desperately wanted change, so parivartan brought her to the helm at Writers’ Building, with its Corinthian facade carrying over from the heyday of the East India Company, now, of course, the office and secretariat of the chief minister...
More »Banks should lead the war on poverty by MS Swaminathan
At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
More »Revamped version of MGNREGA to be unveiled on November 14; focus to iron out administrative glitches by Devika Banerji
A revamped version of the Mahatma Gandhi Rural Employment Guarantee Scheme, the government's flagship social sector programme, will be unveiled on November 14. The makeover, crafted by rural development minister Jairam Ramesh and Planning Commission member Mihir Shah, promises to iron out administrative glitches that have dogged the six-year-old scheme, credited for boosting incomes but panned for stoking inflation. "We are ready with version 2 of MGNREGA. It will basically strengthen the...
More »Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
More »