-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
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Who foots the huge dole for business? -Latha Jishnu
-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
More »Schools without children, children without schools -Suvojit Bagchi
-The Hindu Funds from Sarva Shiksha Abhiyan are pumped into ‘schools' in Bastar that don't exist On the day the Chhattisgarh government issued a statement emphasising how the Prime Minister's adviser, T.K.A. Nair, praised the efforts to educate children, 32 students of Koynapada primary school in Darbha block in Bastar district did not attend school. In fact, they could not as the school does not exist. An official confirmed that the disappearance...
More »20 KL Free Water Scheme in Delhi Hangs in Balance
-Outlook New Delhi: The future of the flagship scheme providing 20 kilolitres of water to households announced by the former chief Minister Arvind Kejriwal hangs in balance as the Delhi Jal Board is yet to receive the final confirmation for provision of subsidy of Rs 165 Crore for 2014-2015 from Delhi government. "The Board was informed that on the matter pertaining to the provision of subsidy of Rs 165 Crore for the...
More »Missing targets-R Suresh
-Frontline Many of the targets of U.N. Millennium Development Goals may remain unachieved by India, if one goes by the latest progress report. In his keynote speech at the Jaipur Literary Festival held in January, Professor Amartya Sen highlighted the vast disparities of development in India. Whereas in some States such as Tamil Nadu and Kerala the human development indices are on a par with many European nations, many States have...
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