India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...
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Give cash some credit by Guy Standing
It would be sad if the potential of cash transfers was lost as a result of hasty posturing by those on various sides of the debate. The fact is that, in India today, poverty and economic insecurity remain endemic in spite of fantastic economic growth. The existing system has failed to arrest the growing number in poverty, despite substantial Government spending ostensibly designed to reduce poverty. Could cash transfers help? A...
More »Sonia rushes to salvage MGNREGS by Anirban Bhaumik
Weighed down by an unending season of corruption, the political leadership of ruling the United Progressive Alliance (UPA) has stepped in to rescue the regime’s flagship rural employment guarantee scheme from discredit due to mounting allegations of endemic irregularities. The National Advisory Council of the UPA, headed by Sonia Gandhi, on Wednesday asked the Manmohan Singh government to expedite notification of the much-awaited rules that would allow public scrutiny of the...
More »How Much Poor Is Poor: Even Beggars Are Not Poor Enough! by Shahidur Rashid Talukdar
How much poor is poor enough? If you ask this question to the Planning Commission of India, you might be highly disappointed at the response. Many of India 's poor die out of hunger and because they don't have acceptable housing. Some of India 's poor even live in makeshift homes on train station platforms, an example of the 78 million Indians who lack proper housing facilities. Still, according to...
More »Make food subsidy self-selecting by Subir Roy
The management of food and poverty in India is getting increasingly unreal. On the one hand, the country has a bumper harvest with every likelihood of the grain mountain to be procured adding to the existing mountain of official stocks. Without adequate storage space, a not-so-insignificant part of it will rot and go to waste. On the other hand, the government will not allow wheat exports until it is clear...
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