With its granaries brimming over, the government faces a crippling dilemma: The tab for releasing foodgrain to make way for new arrivals adds up to Rs 20,000-25,000 crore, an unviable addition to the subsidy bill. The government's bind was succinctly outlined by finance minister Pranab Mukherjee when he told a meeting called by Prime Minister Manmohan Singh on Wednesday that vacating food silos will mean a hefty cost at a time...
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A standard & poor way of remote control-Sunanda Sen
Remote controls are identified as technical devices which are used for various purposes ranging from the launching of space-ships to the monitoring of toy cars. But of late, these devices are being used to direct policies for nation states which are formally sovereign. We speak here of the powerful lobby of international credit rating agencies like Standard and Poor's (S&P), which has just delivered its sermon that India is no longer...
More »Study Shows Unique ID’s Reach to India’s Poor-Amol Sharma
When India embarked on its “unique ID” project in the fall of 2010, pledging to distribute unique 12-digit numbers to 1.2 billion people, the hope was that hundreds of millions of Indians who don’t have a passport, driver’s license or other credible identity document would get one – and with it, a ticket to essential government and private sector services. A new survey led by Arun Sundararajan, a professor at New...
More »Mid-day meals: Centre asks States to adopt A.P. fund model by Aarti Dhar
With some States defaulting on payment of their share of funds for providing meals to children in government schools, adversely affecting the implementation of the Mid-Day Meal Scheme, the Centre has now asked all States to consider adopting Andhra Pradesh's model ‘Green Channel Scheme.' The A.P. model makes funds available throughout the year. “All States and Union Territories may take the lead from Andhra Pradesh and streamline the release of funds,”...
More »A good monsoon is an occasion to invest in a major overhaul of farm policy
-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...
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