Days after he broke away from the NDA over choice of the presidential poll nominee, Bihar CM Nitish Kumar has managed to get the Centre to double the special assistance package to Rs 20,000 crore during the 12th five year (2012-17) plan. The state will get Rs 4,000 crore every year as central package. Although the assistance was promised at the time of its separation from Jharkhand, it was pegged at...
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Four National Advisory Council members dropped from panel-Nitin Sethi
-The Times of India The UPA is likely to rejig the Sonia Gandh-led National Advisory Council(NAC) with four members of the government think-tank for social sector reforms — Jean Dreze, M S Swaminathan, Harsh Mander and Madhav Gadgil — being dropped at the end of their second year tenure. Dreze, an economist and one of the most prominent faces of the NAC, who had strongly advocated for a universal food security, had...
More »What killed our boom-Ashok V Desai
-The Telegraph Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...
More »Despite Drop from 2009 Peak, Agricultural Land Grabs Still Remain Above Pre-2005 Levels
-World Watch Institute An estimated 70.2 million hectares of agricultural land worldwide have been sold or leased to private and public investors since 2000, according to new research conducted by the Worldwatch Institute (www.worldwatch.org) for its Vital Signs Online service. The bulk of these acquisitions, which are called “land grabs” by some observers, took place between 2008 and 2010, peaking in 2009. Although data for 2010 indicate that the amount of...
More »Complex system of patronage, corruption blunts India’s efforts to help the poor out of poverty-Minhaz Merchant
-The Economic Times The Rae Bareli seat in Uttar Pradesh has been a Gandhi family bastion since 1967 when Indira Gandhi first stood for election from there. Sonia Gandhi adopted the constituency in 2004 and was re-elected with a huge majority in 2009. It should, therefore, be one of India's most developed districts. Right? Wrong. The Hunger and Malnutrition, or HUNGaMA, survey, released by the Prime Minister earlier this year, was...
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