Indian families are investing heavily in their children's education and spending more on healthcare at the expense of basic needs like food, reveals a recent NSSO survey report on spending patterns of households. Between 1999 and 2009, expenditure on food increased by about 70% among rural families and 78% among urban ones. But the spending on education jumped up by as much as 378% in rural areas and 345% in...
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Prof. Reetika Khera interviewed by The Economic Times
Matter begins: What is the impact of the National Rural Employment Guarentee Act on rural wages? That is the question that the pundits are asking today. It's a query which feeds into a larger question. Six years have passed since NREGA became a legal reality. What is its village-level impact? It's a complex question to answer. NREGA undertakes to provide employment to anyone who asks for it. Which makes it...
More »SATYANANAD MISHRA CHIEF INFORMATION COMMISSIONER IN WALK THE TALK WITH SHEKHAR GUPTA
In a season when every self-styled warrior against corruption is trying to look for a new weapon to fight it, my guest today is Satyananda Mishra, Chief Information Commissioner—someone who has in his control the strongest of those weapons, the RTI. Actually when it all began, nobody thought it would be so effective. In a period of five-and-a-half years, it has touched the hearts and minds of people. The number of...
More »Challenging the poverty dimension of inflation by Madan Sabnavis
A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...
More »Ban on non-iodised salt unconstitutional: Supreme Court by J Venkatesan
The Supreme Court, while holding that the prohibition imposed by the Centre on non-iodised salt for human consumption is unconstitutional, has however, said the ban will continue for six months. A Bench of Justices R.V. Raveendran and B. Sudershan Reddy (since retired) directed the Centre to review its policy of compulsory universal salt iodisation programme within six months. The programme should be reviewed with reference to the latest inputs and research...
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