Privatisation is no panacea when it comes to education. Nor can high-cost intervention at the tertiary stage produce quality talent. The back-bone of quality education is primary schooling. And improving that is not just a question of funding, even if the government does muster courage to raise expenditure on education from the present about 3% of GDP to the promised 6% of GDP. Granted, the UPA did raise this ratio...
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Lofty goals left unachieved by Jayati Ghosh
For some time now, the Millennium Development Goals (MDGs) have been the organising framework for the activities of international organisations and donor agencies. It is probably not very useful any more to quarrel about their relative lack of ambition, their limited aims and absence of recognition of the structural causes of poverty and inequality. All that is well known; even so, simply because of their wide acceptance, the MDGs have...
More »Climate Change by Ashok Mitra
The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...
More »Erratic monsoon may hit kharif output: FICCI by Gargi Parsai
Loss in food grains estimated at 16 million tonnes Overall Kharif output can fall by 15 per cent Call for long-term strategy to tackle vagaries of monsoon Erratic monsoon this kharif could reduce the agricultural crop growth to -2 per cent year-on-year, down from an earlier estimate of 1.4 per cent, according to a Federation of Indian Chambers of Commerce and Industry (FICCI) report released here. The report, “Drought in...
More »Abatement costs by Bibek Debroy
Centre for Science and Environment (CSE) has brought out an excellent compilation titled Climate Change, Politics and Facts. The government is planning legislation with targets for greenhouse gas emissions. Perhaps to bolster this, the Ministry of Environment and Forests has published results of five studies - NCAER/Jadavpur, TERI/MoEF, IRADE, TERI/Poznan and McKinsey - and findings have been contrasted and collated by CSE. As per all these models except for TERI/Poznan,...
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