The great poverty debate has been re-ignited, pitting liberal, pro-market economists against left-of-centre economists of the JNU genre. Is the Tendulkar Committee's poverty line - expenditure of 32 a day in urban areas and 26 in rural areas -an affront to the poor, an estimate that could only have been made by a committee whose members had never known a day's poverty themselves? Or is it a realistic estimate of what...

-The Times of India It was UPA 1's winning mantra. But the Rs 33,000 crore a year rural job guarantee scheme may be floundering with the government admitting the flagship programme suffers from delayed payments, poor awareness, lack of durable assets, faulty job cards and muster rolls. The finance ministry has echoed some of the major criticisms of the Mahatma Gandhi National Rural Employment Guarantee Act listing endemic "lack of awareness about...

The Comptroller and Auditor-General has slammed the Narendra Modi government for financial irregularities, particularly for mismanagement of public sector undertakings, resulting in losses of over Rs. 16,000 crore. It has come down heavily on the state-owned Gujarat State Petroleum Corporation (GSPC) for extending “undue benefits” to the Chief Minister's “favoured few,” mainly Adani Energy and Essar Steel companies, which coupled with its poor management and faulty agreements on exploration of oil...

-Live Mint   Divisions between the Unique Identification Authority of India (UIDAI, or Aadhaar) and the home ministry grew wider on Thursday after the Nandan Nilekani-led entity and the department of information technology (DIT) raised objections to the Resident Identity Card (RIC) scheme. Three high-ranking officials, who spoke independently and on condition of anonymity, said a meeting of the Expenditure Finance Committee (EFC) to clear Rs. 6,790 crore for the home ministry’s RIC...

By the sheer loudness of their protests, NGOs, journalists and intellectuals have bamboozled the prime minister into withdrawing the latest Planning Commission report. The report had shown accelerated poverty reduction, a perfectly plausible outcome in view of accelerated growth since 2003-04. But the critics are not happy that India is succeeding in combating destitution. They therefore tirelessly invent myths to muddy the discourse. If we are to avoid costly policy...