Experts at a discussion on "Two decades of economic reforms: The way forward", organized by CII, Bihar state centre, said the economic reforms had not lessened the urban-rural divide; hence rural people could not generate substantial demand in the economy, though the savings rate enhanced in the last two decades. Director, Asian Development Research Institute, P P Ghosh, said the savings rate had increased from 12% in 1951 to 35%...
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Making PDS an Effective Weapon by Prabha Jagannathan
In a week when the central food ministry is reviewing the functioning of the much-maligned public distribution system (PDS) and plans to pull up laggard states on poor storage facilities, low grain offtake, high diversion and a persistently slacking programme, an objective relook at the world’s largest grain distribution system is imperative. Agriculture minister Sharad Pawar has time and again emphasised that streamlining the PDS in the usual-suspect states to...
More »Donors shun water projects by Fiona Harvey
More than one billion people will not get the basic sanitation and the clean water promised as such projects shrink sharply as a proportion of global aid budgets. A key development goal to halve the number of people without access to basic sanitation by 2015 will be missed because donor countries have diverted aid money away from unglamorous water projects, according to the World Bank and the charity WaterAid. Aid to...
More »Schemes to fund Bengal by Jayanta Roy Chowdhury
The Centre is exploring the option of helping out Bengal by stepping up assistance for specific schemes, a route that allows room for manoeuvre within rules. The Centre’s line of thought emerged on a day Bengal finance minister Amit Mitra was in Delhi to discuss ways to bail out the cash-starved state government. Mitra, who had an hour- long meeting with his Union counterpart Pranab Mukherjee, remained tight-lipped on what they discussed....
More »Behind the global scourge of child labour by Kailash Satyarthi
Its elimination is an international obligation, but there is a long way to go to meet the goal While governments and civil society commemorate the World Day Against Child Labour on June 12, over 20 crore children are still engaged as child labourers. More than half of them face the worst forms of child labour. Though India has the dubious distinction of having the largest number of child labourers, this...
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