Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...

The sharp rise in food prices inflation will remain a major cause of concern as inflationary pressures on the domestic front are likely to be exacerbated by higher levels of global commodity prices, the Economic Survey has said. It also indicated that the political turmoil in the Middle East and the “easy money” policy being followed by developed nations trying to jump-start their own economies after the global recession of 2008-09...

You see those hills?” Jamshed Kanga, an illustrious IAS officer, then divisional commissioner, Pune, asked the noted development economist John Lewis who was visiting him in 1972, pointing to the barren Sahyadri range behind his office. “I will break every one of those if necessary, but will not let a single person starve.” It was the worst drought in the history of independent India, with a monsoon deficit of 25%...

Four mega-programmes of the government, meant to tackle big-ticket issues like child nutrition, school education, health and employment, appear to be faltering not because funds are short but because adequate manpower has not been put in place. This is the surprising finding of a new study done by the Center for Budget and Governance Accountability (CBGA), a New Delhi based think tank. The four mega-programs are Integrated Child Development Services...

Loss due to MGNREGS wage revision put at Rs.9.8 crore Revised rate below the rate fixed by the State Centre ignored State's plea for wage parity About 9.8 lakh beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) are unlikely to get arrears at the revised minimum wage rate of Rs.150 fixed by the Centre from January 1. The loss on this score has been estimated at about Rs.9.8 crore. A Union Rural...