Would you rather buy a necessity like kerosene or food grains at a subsidy or receive an equivalent amount of cash instead? Would you prefer that the government decides your consumption pattern rather than figuring out on your own how to spend your income? One of the “big ticket” reform items in the budget was the announcement that subsidies on kerosene, fertilizers and Liquefied Petroleum Gas and delivery through the Public...

Trade unions of all hues join forces in an unprecedented manner and present a charter of demands to the government. IN a rare show of unity, and for the first time since Independence, around one lakh workers affiliated to eight central trade unions and national industrial federations, including the Indian National Trade Union Congress (INTUC) and the trade unions of the Left parties, came out on the streets of New...

There’s no evidence that India’s growing prosperity has led to less malnutrition among Indian children, according to a new study by scientists from Harvard and the University of Michigan. One plausible explanation, the authors wrote, is that India’s rapid economic growth “may have benefited only the privileged sections of society.” Technology jobs have driven the boom, but 75 percent of the population is supported by farming or manufacturing, noted S. V. Subramanian,...

Delhi will soon get rid of problems related to scarcity and adulteration in kerosene oil being used by lakhs of poor families for cooking every day as new scheme is coming up replacing kerosene stoves. The Delhi government, along with the union government, has been giving final touches to a scheme which will replace kerosene oil stoves with LPG and further provide subsidy through banks to the poor. This will make...

Social priorities have received scant fiscal attention There is good reason to feel let down by this year’s budget for the advancement of social sectors. The disappointment is more given that the Union finance minister opened his speech by stating that “we are reaching the end of a remarkable fiscal year” and followed it up by immediate assertions that “growth in 2010-11 has been swift and broad-based”, that “the economy...