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Finance Ministry to provide 'affordable' 3-in-1 security for unorganized sector workers by Dheeraj Tiwari

The finance ministry is putting shape to a new social security scheme for unorganized sector workers, creating for the first time a safety net for millions of underpaid and overworked people, many of whom living in abject poverty.  The ministry has discussed with the Life Insurance Corporation (LIC) and the four state run non-life insurance companies the contours of this scheme that will provide life insurance, health cover and retirement pension...

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Reforming the Press Council by AG Noorani

The new Chairman of the Press Council of India, Markandey Katju, wants to make it an instrument of mediation in addition to adjudication.   THE appointment of Justice Markandey Katju, a former judge of the Supreme Court, as Chairman of the Press Council of India is about the best thing that has happened to that body in a long while. It is no exaggeration to say that the PCI commands little prestige...

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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...

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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...

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Food security channels by Indira Rajaraman

Poverty lines have been in the news again. This round started when a Planning Commission affidavit to the Supreme Court placing the poverty line at Rs 26 per capita per day (rural), Rs 32 (urban), raised a furore over the use of these to set a cap on the percentage of the population covered by the food security Bill. Since then, the pendulum has swung to the other extreme. The latest...

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