Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...
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Poverty and food insecurity rise in the US by Chris Arsenault
More than 2.5 million Americans fell into poverty last year, bringing the total number to its highest in 52 years. After touring food banks across Tennessee, Marcia Wells was not surprised by the latest statistics showing that more Americans are living in poverty today than at any time since the Census Bureau began first publishing the number 52 years ago. In the US, 2.6 million people fell into poverty last year, the...
More »Will Jairam Ramesh's new plan fix NREGA? by Sreelatha Menon
The new rural development minister wants to use technology to force states to make payments. Critics suggest that he should fix existing problems first. Jairam Ramesh is not afraid of stirring things up. Sixty days into his stint as the new Rural Development Minister, Ramesh, he has unveiled what he calls NREGA 2.0, a reform package that he feels would make the Rs 40,000 crore programme actually work. Ramesh has put together...
More »Should Bihar celebrate? by Sreelatha Menon
The only bright spot in the latest Census, 2011, was the data on literacy. It seems to be increasing by leaps and bounds. In fact, one would imagine that walking into the forests of Jharkhand, the first man you meet will know how to read and write fluently in Hindi or the local dialect. Or, Bihar which will receive a trophy from the President for achieving the highest growth in literacy...
More »Dividing the poor by TK Rajalakshmi
The flawed Bill on food security has not received the kind of publicity that the Lokpal Bill has, but that does not diminish its significance. “THIS government has divided everything and everyone. There are different cards for different sections of the poor. If my employer, taking pity on me, gives me an old television, I am not entitled to a yellow card [Below Poverty Line card]. My son who is...
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