The Supreme Court commissioners in the food case have warned the Union government that their draft National Food Security Act falls foul of apex court orders on providing food and nutrition to the needy. In a letter to the government, the principal adviser to the office of commissioners, Biraj Patnaik, noted that the draft violated several existing orders of the Supreme Court. He said the apex court explicitly banned the role...
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Redistribution is not inclusion growth by Arvind Panagriya
Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process. But in India, we...
More »For RTE’s sake, PM writes to 13 lakh heads of schools by Aditi Tandon
This Education Day (November 11), the principal of each elementary school in India will receive VVIP mail -- a letter from Prime Minister Manmohan Singh. Contained therein will be a highly personalised message of the PM for the children of the country, who have long been guaranteed the Right to Education (RTE) by law, but who may not still know of it. The letter, to be posted to 13 lakh principals of...
More »SFIO to have powers to prosecute companies by Devesh Kumar
The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali. The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies. The government expects the bill to modernise,...
More »‘Long-term trends in agriculture deeply disturbing'
-The Hindu Noted Jaipur-based economist V. S. Vyas has expressed concern over “progressive diminution” of cultivated holdings which he says has led to stagnation in the yield of major crops and rendered agricultural income insufficient for farmers to make ends meet. A sharp decline was also being witnessed in per capita food production, he said. Delivering the Tarlok Singh Memorial Lecture at the University of Hyderabad over the weekend, Professor Vyas said...
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