Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
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Spike in food inflation a cause for concern, says Survey by Gargi Parsai
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...
More »Short On The Delivery by Chandrani Banerjee
When it came to power in May 2009, some ministers in the UPA government had set themselves a deadline of 100 days to show results. But one year and nine-odd months later, the report card of its flagship programmes in nine states hit by Maoism is dismal. Much of the money allocated has gone unspent, according to the “performance study” the Planning Commission conducted in these states and submitted to...
More »Akhil sniffs out hidden assets
Peasant leader and RTI activist Akhil Gogoi, who is spearheading an anti-corruption campaign in the state almost single-handedly, will move the Election Commission with details of property owned by ministers and their families ahead of the forthcoming Assembly elections. Gogoi today said the recent asset lists made public by some of the ministers revealed only a small portion of their assets, scattered across different parts of the state. “Using the RTI Act,...
More »Dr. Mihir Shah, member, Planning Commission interviewed by Latha Venkatesh
The National Rural Employment Guarantee Act (NREGA) completed five years this month. Pandurni village, in Nanded district in Maharashtra, is in high spirits. It has won the award for best performance in implementing the Rural Employment Guarantee Scheme for 2009-10. Around 1,500 people from this village are registered under this scheme, and over 800 have benefitted from it. Yahswant Suryavanshi is one of them. This owner of two hectares of agricultural land says...
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