After so many wrongs, the Planning Commission may have just got it right. According to leaked accounts, its universal health coverage proposal may become reality as early as the next five-year Plan. Once this policy is in place, India can legitimately enter the club of welfare states through the front door. Now, at last, it has a scheme that is truly inclusive for it includes us all. When implemented, this measure...
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Some States fight the trend but.…by P Sainath
Five States did manage a significant decline in the average number of farm suicides between 2003 and 2010. However, more States have reported increases over the same period. The television story was genuine and sensitive. At least 90 farmers, it said, had committed suicide in two months in Andhra Pradesh. These were cotton growers. Actually, last year, Andhra farmers killed themselves at the rate of 210 each month on average, according...
More »FDI decision a miscalculation:Yashwant Sinha
-The Times of India Terming the government's attempt to allow foreign direct investment in multi-brand retail as a miscalculation that lacked political consensus, BJP leader Yashwant Sinha has warned that a looming slowdown needs urgent measures to remove supply side blockages. The former finance minister, who heads Parliament's standing committee on finance, said unlike in 2008, the government has no room to increase the fiscal deficit that is already above 5% while...
More »Growth and Exclusion by Prabhat Patnaik
The 11th five-year plan promised the nation “inclusive growth”. It marked a departure from the earlier official position that the “benefits of growth” would automatically “trickle down” to the poor, and that if growth was not actually benefiting the poor, then the reason lay in its not being high enough. The 11th plan, by contrast, conceded that the “benefits of growth” did not automatically “trickle down”, but argued that growth...
More »Embattled Patel General Stores by Ajit Balakrishnan
The battle for India’s retail market is being fought not just in the halls of Parliament and on the front pages of newspapers but also on the little stretch of road near my home in Mumbai, where Colaba Causeway peters out into Navy Nagar. The outsize name board, “Patel General Stores”, had proudly announced itself for as long as I can remember. Recently, however, I noticed that the board had been...
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