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...
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Enter, farmer with an FDI query by R Suryamurthy
Farmers, a holy-cow constituency considered more valuable than small traders to the political class, have begun to ask uncomfortable questions to those opposing foreign direct investment (FDI) in retail. Several farmer groups, some of them led by politicians with ties to the Congress, have asked why some parties are standing in the way of a measure that is expected to reduce the clout of middlemen and increase farm earnings. Although Prime Minister...
More »Kaun Banega Scorepati? by Jean Drèze
There is no typo in the title of this article, but the term “scorepati” is perhaps confusing. By way of explanation, let me introduce three acquaintances. Meena, age 50, lives in a two-room kaccha hut with her disabled husband Chhote Lal who studied up to Class 2. They own half an acre of unirrigated land and a goat. Meena is unable to take up any remunerated work as Chhote Lal needs...
More »Plan commission pushes for Dalit empowerment by Prasad Nichenametla
As the Congress scion Rahul Gandhi campaigns in Mayawati' s bastion asking UP's downtrodden to think big, a planning commission panel has shown the UPA government how to walk the talk. A working group on welfare of the Schedule Castes (SCs) has asked the government to set up a National Bank for Inclusive Development to support businessmen from the backward sections. The move is to encourage Dalits and other weaker sections with...
More »Misplaced obsession
-The Hindu In a show of audacity, the United Progressive Alliance government has decided to further open up the retail trade sector to foreign investment. Foreign investors will be permitted to enter the hitherto prohibited multi-brand retail segment and hold equity of up to 51 per cent in the units established. That there is widespread political opposition to this change in policy was known for long. Hence, the move is nothing...
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