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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NGOs hold pre-Budget meeting with Pranab by Aarti Dhar
At present, the government spending on education is about 3.4 percent of GDP ‘It is imperative that the government increase outlays in Sarva Shiksha Abhiyan' A delegation of the People's Budget Initiative met Finance Minister Pranab Mukherjee here on Saturday to demand enhanced resources for the social sector which was crucial for the development of human resource and the nation. Formed in 2006, People's Budget Initiative is a coalition comprising representatives from people's...
More »NAC: PM's panel got its economics wrong by Nitin Sethi
The Prime Minister-appointed Rangarajan Committee reviewing the draft food security bill has got its economics and logic wrong, a majority of members on the National Advisory Council has said as part of a draft report. Ready to take on the PMO, the council is nearing finalization of the report that will point out errors in the Rangarajan report and defend the NAC's food security bill. The rebuttal is bound to...
More »NAC differences sharpen as plans spiked
Some members of the National Advisory Council , or NAC, are of the view that a small group in the council is driving its agenda to an extreme, making its recommendations vulnerable to government's rejection on the grounds of fiscal prudence. This not only ends wasting everyone's time, but also does a disservice to the poor and disadvantaged the council seeks to help, by indefinitely delaying progressive legislation, goes the...
More »Team-S pins food hope on minister by Radhika Ramaseshan
The Sonia Gandhi-headed National Advisory Council (NAC) has pinned its hopes on the new food minister, K.V. Thomas, to see its version of the food security bill past Prime Minister Manmohan Singh and Planning Commission deputy chairperson Montek Singh Ahluwalia. The NAC’s perpetual grouse was that Thomas’ predecessor, Sharad Pawar, was not only indifferent but also opposed the idea of social inclusion in the food sector, and managed to convince the...
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