-The Telegraph The Prime Minister today expressed surprise that “concurrent evaluation” of the rural job scheme was “not in good shape” and asked Planning Commission deputy chairman Montek Singh Ahluwalia to “apply his mind to making good this deficiency”. Concurrent evaluation is an assessment of a scheme’s impact, strength and weaknesses while it is being implemented, as distinct from the annual CAG audit or a post-mortem. Its objective is to identify problems...

-The Hindustan Times Recently, at a rally of gram panchayat chiefs, agriculture minister Sharad Pawar told the audience, “Improving the well-being of farmers is difficult unless agriculture sheds some of its population. At least one member from the farmer’s family should seek livelihood opportunities outside agriculture.” He has often made this appeal to farmers in Maharashtra, pointing out how rich industrial countries have a small proportion of their labour force in...

-PTI Prime Minister Manmohan Singh on Saturday said the issue of delayed payment to workers under the National Rural Employment Guarantee Act (NREGA) should be addressed at the earliest, and sought concurrent audit of rural development schemes. ”I am surprised to hear from (Rural Development Minister) Jairam Ramesh that concurrent evaluation processes are not in good shape. When I was in the Planning Commission long ago, I think we have started the...

MANMOHAN SINGH AND ECONOMICS Sanjaya Baru’s article "The economist as saviour", an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. Sanjaya Baru’s article “The economist as saviour” (editorial page, The Hindu, July 4, 2012), an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. What we...

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...