Cash transfers cannot and should not replace the public provision of essential goods and services, but rather supplement them. Cash transfers are the latest fad of the international development industry, as the preferred strategy for poverty reduction. And now Indian policymakers are busy catching up. The idea was mooted in the Government's Economic Survey for 2010-11, and the Finance Minister made an explicit announcement in his budget speech for replacing some...

A good marker of a country’s progress is the environment in which its children grow up.  Prevalence of malnutrition, hunger, unhygienic surroundings and forced child labour cost a country dearly in terms of its real growth. The State of the World's Children 2011 report shows how little is being invested in the future citizens of our world. The theme of this year’s report is “Adolescence: An Age of Opportunity” and...

Agitations show people don't want blind development Launches research centre on marine bio-diversity Minister of State for Environment and Forests Jairam Ramesh on Wednesday criticised the country's “blind development plans” at the cost of ecological balance. “I am not against development but it should not be at the cost of our environment. We are presently following development plans blindly which can only lead to damage of the environment with ultimate impact on the...

Pranab Mukherjee, India’s finance minister, put the rural economy at the heart of a national budget on Monday, saying ridding the farm sector of crippling supply bottlenecks would be his “focus” in the coming fiscal year.A market-neutral budget supporting agriculture, welfare schemes and the extension of banking services to more people was designed to dispel any sense that the Congress party-led government was in drift after a series of high...

Poor allocation of funds to key social sectors shows the government’s lacklustre approach to inclusive growth. We are reaching the end of a remarkable fiscal year,” said the finance minister as he rose to present the Union Budget 2011-12. Agreeing with the government that the year gone by presented us with several opportunities and challenges to address critical concerns pertaining to the social sector, the overall sense is that this Budget,...