-The Hindustan Times As parties gear up for polls, India's two most talked about non-Congress ruled states - Gujarat and Bihar - have been rated as having lesser spending inequality as compared to most other states of the country. A new government study ranks Gujarat as the state having least inequality in urban areas except four north-eastern states of Manipur, Meghalaya, Nagaland and Mizoram. For rural areas, Bihar earns the top slot...
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Water For The Leeward India -Jean Dreze and Reetika Khera
-Outlook As subsidies for the poor continue to be under attack, a ground-up report from 10-states shows how well welfare schemes have worked over the last 10 years. Ahead of Elections 2014, rights-based welfare schemes are under attack. To those who argue ‘Dolenomics' doesn't work, a survey of five schemes in 10 states shows that the Rs 1,68,478 crore annually the nation spends is making a real and tangible difference on...
More »Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »Who foots the huge dole for business? -Latha Jishnu
-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
More »Missing targets-R Suresh
-Frontline Many of the targets of U.N. Millennium Development Goals may remain unachieved by India, if one goes by the latest progress report. In his keynote speech at the Jaipur Literary Festival held in January, Professor Amartya Sen highlighted the vast disparities of development in India. Whereas in some States such as Tamil Nadu and Kerala the human development indices are on a par with many European nations, many States have...
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