-The Business Standard Rising per capita income and growth have reduced poverty among all classes, including socially-disadvantaged classes. Though there are skeptics who argue that growth has bypassed the socially disadvantaged classes, the analysis of National Sample Survey (NSS) data proves otherwise. But, high prevalence of poverty in the states where more SC, ST populations are living still remains same. A Columbia University, USA, study that had analysed the NSS figures from...
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How to slash power subsidies by Ajay Shankar
The irrationality and waste in energy subsidies in India has been a perennial theme in analysis of the Indian economy and in reform prescriptions. Progress has, however, turned out to be elusive in the face of ground realities and feasible politics. The power ministry, after struggling for over a decade through repeated exhortations, had the satisfaction of getting a resolution in a Chief Ministers Conference in 2001 that free supply of...
More »Maheshwar dam power cost put at Rs. 10 a unit by Gargi Parsai
The worst fears of the Madhya Pradesh unit of the Narmada Bachao Andolan (NBA), have come true with regard to the high per unit cost of power to be produced by the controversial privately-owned Maheshwar hydro project in Madhya Pradesh: Information revealed through an RTI application shows that the private company developing the dam has projected the average cost of electricity to be produced at a whopping Rs. 10 per...
More »Maharashtra launches health scheme for poor by Amruta Byatnal
The Maharashtra government launched the Rajiv Gandhi Jeevandayi Arogya Yojana here on Sunday, enabling families with annual income of less than Rs. 1 lakh to avail free medical facilities worth Rs. 1.5 lakh. Health Minister Suresh Shetty announced that this scheme, when fully implemented, would benefit close to 2.5 crore families. However, Deputy Chief Minister Ajit Pawar, while praising the scheme, lamented the rising rate of population in the State. Mr....
More »Govt’s next CAG headache: ‘Mega losses in power deal’ by Amitav Ranjan
The Comptroller and Auditor General has alleged that the union power ministry gave “undue benefit” of Rs 1.20 lakh crore — calculated over the next 25 years — to Reliance Power Ltd (RPL) in the ultra mega power projects (UMPPs) at Sasan in Madhya Pradesh and Tilaiya in Jharkhand. In its report sent to the power ministry last month, the CAG has argued that the government did so by changing coal...
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