President Pratibha Patil today reaffirmed the government’s resolve “to maintain the momentum for reforms on a wide front”, prompting policymakers to outline the possible economic agenda ahead of the budget just a week away. Top officials offered their take on the phrase, mentioned in Patil’s speech to Parliament at the start of the budget session. According to the them, Prime Minister Manmohan Singh and finance minister Pranab Mukherjee are looking to...

Continued poor performance of some key infrastructure sectors cause for concern As India is on the path of achieving 8.5 per cent economic growth, aiming to exceed the 9 per cent growth mark next fiscal, the biggest worrying factor that could derail this horse power of growth and play spoilsport in the “growth story” of the UPA II government is the poor state of infrastructure and its tardy pace of development...

Non availability of timely credit has been a major drawback for the agricultural sector of India. In a country which relies mostly on agriculture, constant endeavors are needed to see that rural and agricultural credit facilities are enhanced with time. As a part of these efforts, agricultural credit cards got introduced in the agricultural lending system. Similarly cash credit facility was also being offered by many banks. However, a major shortfall...

Outcome of the Kolkata Group Workshop held on February 18 and 19, 2011 At the ninth Kolkata Group workshop, chaired by Professor Amartya Sen, 45 participants from different walks of life, including social scientists, policy makers and development experts, convened to assess the dimensions of social equity in India, especially as related to poverty, elementary education, and health. The participants assessed that the benefits of economic growth over the past two decades,...

In a significant expansion of its health insurance scheme for the poor, the government has decided to bring workers under its flagship job guarantee programme as well as a host of workers from the unorganised sector, including rickshaw pullers and domestic workers. The labour ministry has decided to include workers who have worked under the National Rural Employment Guarantee programme for a minimum of 15 days under the ambit of the...