After so many wrongs, the Planning Commission may have just got it right. According to leaked accounts, its universal health coverage proposal may become reality as early as the next five-year Plan. Once this policy is in place, India can legitimately enter the club of welfare states through the front door. Now, at last, it has a scheme that is truly inclusive for it includes us all. When implemented, this measure...
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Counting the poor
-Live Mint China nearly doubled its rural poverty threshold last week, in a move that will make an estimated 130 million people (or nearly one-tenth of its total population) eligible for various social support schemes funded by the government. China has now tweaked its poverty line for the fourth time in four years. Poverty lines are not set in stone. They have to be regularly changed. This development comes just as the...
More »At 8%, plunging food inflation brings back smiles
-The Economic Times India's food inflation eased to a four-month low in the week to 19 November as vegetables, cereals and eggs turned cheaper. The decline in the reading for the fourth consecutive week came as a respite to the government struggling to recover from a string of recent bad tidings. Data released by the commerce and industry ministry on Thursday showed the wholesale price index for food articles rose 8% year-on-year,...
More »Huguette Labelle, chairperson of Transparency International interviewed by ET
India has scored 3.1 (down from 3.3 last year) on a scale - where 10 indicates very clean and zero, highly corrupt - of Corruption Perceptions Index (CPI). The CPI focuses on corruption in the public sector, involving public officials, civil servants or politicians. The data sources used to compile the index include questions relating to the abuse of power and bribery of public officials, kickbacks in public procurement, embezzlement of...
More »FDI in retail: More jobs in store for rural youth by Shruti Choudhury & Amiti Sen
Foreign retailers may have to reserve at least half of their jobs in superstores for rural youth and source more than the mandated 30% from micro and small industries as the government tries to salvage the big ticket but controversial economic reform. An official said the government is likely to have a relook at a proposal that seeks to reserve at least 50% of jobs in foreign-owned superstores for those who...
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