Unpaid bills of Rs 17,000 crore — and growing — have revealed hidden food subsidies and acute financial mismanagement as the government prepares to adopt the costliest, most ambitious legislation of its tenure. Documents accessed by Hindustan Times reveal this is the money the government now owes the state-run Food Corporation of India (FCI), hampering its mammoth operation of buying grain from the farmer, storing it and selling it cheaply...

A 30-year survey of the poor gives a wake-up call POVERTY is becoming hereditary in India, at least for a sizeable population. That is the conclusion derived from a three-decade tracking of poor households in rural India. A survey by the Chronic Poverty Research Centre (CPRC), an international association of researchers and academicians, claims that those who are chronically poor may pass on poverty to their next generation. What’s more, people residing...

The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...

Media, especially the electronic one, has found a special mention in Planning Commission deputy chairman Montek Singh Ahluwalia's views on the 12th five-year Plan. But, his feedback hasn't been all that flattering. The electronic media has been hauled up for 'disproportionately' showing widening disparities between the rich and the poor. "The perception of concentration of wealth and widening disparities is sharpened by the tendency of the media, including especially the...

How much poor is poor enough? If you ask this question to the Planning Commission of India, you might be highly disappointed at the response. Many of India 's poor die out of hunger and because they don't have acceptable housing. Some of India 's poor even live in makeshift homes on train station platforms, an example of the 78 million Indians who lack proper housing facilities. Still, according to...