How effective are India's innumerable social security programmes at reaching out to the poorest of the poor? If a recent World Bank report is anything to go by, they are woefully inefficient. According to the report, titled "Social Protection for a Changing India", leakages and exclusion errors are endemic across the country. For instance, just 27% of the PDS . beenficiaries are the poorest of the poor. The World Bank found...
More »SEARCH RESULT
Total Matching Records found : 1942
Meet Ramdev, the landlord by Man Mohan
Yoga guru Baba Ramdev currently hitting headlines for his crusade against corruption and billions of dollars Indian black money stashed in Swiss and tax heaven banks is a “big landlord”. The 47-year-old “Bal Brahmchari” Ramdev, who was born as Ramkrishna Yadav in Alipur village, district Mahendragarh (Haryana), ‘owns’ huge tracts of land, that includes 261.468 hectares (644 acres) , worth hundreds of crores at the current market rate, around his yoga...
More »The UPA's political bankruptcy
-The Hindu The midnight police swoop on yoga exponent and telestar ‘Baba' Ramdev and his supporters was arbitrary, brutal, and anti-democratic. A peaceful assembly had suddenly been set upon and tens of innocent people injured for no fault of their own. “No government has reached out as much as ours,” negotiating Minister Kapil Sibal had boasted on the eve of the action. “But if we can reach out, we can...
More »World Bank signals Bengal by Jayanta Roy Chowdhury and R Suryamurthy
The World Bank has cleared a $975-million (Rs 4,387 crore) loan for a pet rail project of Mamata Banerjee, the funds signal flashing at a time Bengal is on the lookout for affordable funds. The loan is meant for the first phase (Ludhiana-Mughal Sarai) of a dedicated high-speed freight corridor that will eventually link Calcutta and Delhi. But those familiar with the World Bank’s operations suggested that the approval could be more...
More »A billion dollar credit from World Bank to clean up the Ganga
The World Bank has approved $1 billion as credit and loan to support India's efforts to clean up the Ganga river. The sprawling river basin accounts for a fourth of the country's water resources and is home to more than 400 million people. The $1.556 billion National Ganga River Basin Project with $1 billion in financing from the World Bank group, including $199 million interest-free credit and $801 million low-interest loan, was...
More »
