Cash transfers cannot and should not replace the public provision of essential goods and services, but rather supplement them. Cash transfers are the latest fad of the international development industry, as the preferred strategy for poverty reduction. And now Indian policymakers are busy catching up. The idea was mooted in the Government's Economic Survey for 2010-11, and the Finance Minister made an explicit announcement in his budget speech for replacing some...

Pranab Mukherjee, India’s finance minister, put the rural economy at the heart of a national budget on Monday, saying ridding the farm sector of crippling supply bottlenecks would be his “focus” in the coming fiscal year.A market-neutral budget supporting agriculture, welfare schemes and the extension of banking services to more people was designed to dispel any sense that the Congress party-led government was in drift after a series of high...

Farmers can continue to reap a financial harvest that first came as a windfall loan waiver of Rs 60,000 crore in 2008. Finance minister Pranab Mukherjee raised the target for loan disbursal to the farmers from the present Rs 3,75,000 crore to Rs 4,75,000 crore in 2011-12, nearly a 27% jump.Mukherjee has raised the target consistently in 2010-11, the loan target was raised by over 15% at Rs 3.75 lakh...

Ram Dia Singh was ready to chuck in his life as a farmer in northern India to embrace that of an ascetic in the foothills of the Himalayan mountains. When he consulted his guru in the hill town of Solan, instead of being welcomed into a holy order he was instructed to return to the land and do good works among fellow farmers who increasingly struggle to eke out a living...

A growing number of endangered olive ridley sea turtles have been getting killed in Eastern India’s coastal state Orissa by mechanized vessels defying a fishing ban on one of the world’s largest turtle sanctuaries, Gahirmatha. While the government said "no more than 800" were killed since November last year, environmentalists counter that the casualty count of these tiny turtles is actually 5,000. The problem illustrates the situation that confronts Orissa and other...