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Total Matching Records found : 133

Of lucky numbers and others the FM can’t see by Biraj Patnaik

The Italian phrase "lascia il tempo que trova" (it leaves the air it finds) does a better job of describing Pranab Mukherjee's budget than India's corporate media would ever dare to do. To put it mildly, the budget this year, is yet again, an utter disappointment for the food and agriculture sectors. To begin with, flagship schemes like the midday meals and the Integrated Child Development Services did not, unlike in...

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A Budget for the Rich by R Ramakumar

Budget 2011-12 marks a sharp retreat of the government from the social and economic sectors. It has cut back expenditures in sectors that matter to common people, especially the poor. On the other hand, it has given huge concessions to the corporate sector in the form of tax cuts and exemptions. Let us take the overall fiscal stance of the budget. The underlying strategy is to reduce its fiscal deficit to...

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NAC undermined by Praful Bidwai

By stubbornly overruling the National Advisory Council, the government risks defeating its purpose as a body that speaks for the poor and the disadvantaged. HAS the Manmohan Singh government begun to regard the National Advisory Council (NAC) as an adversary who should be undermined? Going by their exchanges on key issues such as food security, wages under the National Rural Employment Guarantee Act (NREGA), and the implementation of the Scheduled Tribes...

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In the name of the poor by Surjit S Bhalla

Marie Antoinette, the liberal and concerned queen of France, on seeing the poor and hungry masses demanding bread, said in a fit of charity — “let them eat cake”. Member of the prestigious National Advisory Council (NAC) Jean Dreze surveyed the performance of the existing National Food For Work Programme (NFFWP) in July 2005 and concluded that the performance was “alarming”. The work guidelines were not being enforced, and the...

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Govt bites the bullet on subsidies by Sanjiv Shankaran

In a reformist move long recommended by various economists and panels, the government has set up a task force to create a way to directly transfer cash to the ultimate beneficiaries of various subsidy schemes, which are, at best, messy and, at worst, ineffective. The task force will be headed by Nandan Nilekani, chairman of the Unique Identification Authority of India. A pilot will be rolled out in the next four...

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