Remote controls are identified as technical devices which are used for various purposes ranging from the launching of space-ships to the monitoring of toy cars. But of late, these devices are being used to direct policies for nation states which are formally sovereign. We speak here of the powerful lobby of international credit rating agencies like Standard and Poor's (S&P), which has just delivered its sermon that India is no longer...
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Centre needs Rs 2.3 lakh crore to fund RTE initiative by Himanshi Dhawan
-The Times of India With the Supreme Court bringing all recognized schools under the Right to Education (RTE) Act, the government will have to boost spending on its flagship programme to meet the estimated Rs 2.3 lakh crore needed to fund the initiative over 2010-2014. RTE has been plagued with fund shortfalls with budgetary provision in the last two years being only half of what was estimated. The HRD ministry received Rs...
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-The Business Standard The transition to direct fertiliser subsidy will not be easy The road map for direct transfer of fertiliser subsidy to farmers that Finance Minister Pranab Mukherjee outlined in the Budget has come under a cloud even before it is rolled out. Most in the fertiliser sector – including, notably, the fertiliser ministry and fertiliser dealers – are wary of trying it out, for fear that it might create more...
More »Budget 2012: Jairam Ramesh seeks Rs 20,000 crore for sanitation programmes
Rural development minister Jairam Ramesh is seeking doubling of funds for water supply and sanitation programmes to Rs 20,000 crore in the upcoming budget, arguing that it is high time the Centre focused on this neglected sector. Ramesh, who holds the additional charge of the ministry of drinking water and sanitation, has indicated that he is unwilling to settle for anything short of Rs 16,000 crore. The finance ministry has, so...
More »The magic number
-The Economist A huge identity scheme promises to help India’s poor—and to serve as a model for other countries INDIA’S economy might be thriving, but many of its people are not. This week Manmohan Singh, the prime minister, said his compatriots should be ashamed that over two-fifths of their children are underfed. They should be outraged, too, at the infant mortality, illiteracy, lack of clean drinking water and countless other curses that...
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