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Neoliberal Plan by Venkitesh Ramakrishnan

The Planning Commission's Approach Paper to the Twelfth Plan sticks with the neoliberal agenda despite claims of inclusive growth. INCLUSIVE was one word that came up time and again in the early announcements of the Planning Commission on the Twelfth Five-Year Plan. “Faster, Sustainable and More Inclusive Growth” was the slogan coined for the Plan and there was the promise of widespread consultations as never before as part of the processes...

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Telling the wrong story by Dipankar Gupta

Is the Congress afraid of winning in Gujarat?  Nothing else explains why it lets Narendra Modi tom-tom development when it should have been the Congress banging the drums. The economic achievements of governments before Modi's read like an award citation, but too much secularism has since led the Congress astray. Instead of showcasing its past performance to regain Gujarat, it is obsessed with nailing Modi as a communalist-in-chief. Naturally, it is...

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Open defecation blot on India's image: Jairam Ramesh

-The Hindustan Times   With India accounting for 58% of all open defecations in the world, the government on Sunday sought active involvement of all parties concerned including women panchayat representatives to sensitise the people in creating awareness about public hygiene. "On the occasion of Gandhi Jayanti, I would like to mention one such case which is a shame on all of us. No other country in the world where about 60% women...

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Mining sector needs large-scale reform

-The Economic Times   India's new mining Bill has provisions which seek, rightly, to shovel money from mining companies to rural people affected by mining, but the devil could lie in the detail. The proposal has three defects. One, it seeks differential treatment for coal and other minerals - coal miners would share 26% of their profits, while miners of other minerals would give additional royalty payments. Pray, why? Two, it exempts...

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States holding up plan to recapitalize regional rural banks by Remya Nair & Anup Roy

The Union government’s plan to recapitalize 40 of the 82 regional rural banks (RRBs) is at risk as some of the state governments are either delaying or refusing to pay their share of money. Due to this, the government has only been able to recapitalize around 12 RRBs, with the stakeholders collectively infusing Rs. 300 crore. The cabinet had approved the Rs. 2,200 crore recapitalization plan of 40 RRBs in February,...

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