-The Economic Times Open-ended consumption subsidies on petroleum products have wrought havoc on government finances. Reportedly, the trio of public sector oil marketing companies have of late blocked some 3.8 million parallel household connections of liquefied petroleum gas (LPG), in a bid to rationalise the subsidy outgo. The move to weed out multiple LPG connections does make sense. But we need to keep the big picture in mind and overhaul the pricing and...
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NREGS: UP dists spent crores on calendars, toys by Maulshree Seth
In his letter to Uttar Pradesh Chief Minister Mayawati, demanding a CBI inquiry into the alleged bungling of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) funds in the state, Union Rural Development Minister Jairam Ramesh has specifically named seven districts where large sums have been spent on purchasing toys, calendars, tents and other such items of questionable relevance. National and state quality monitors have in their reports mentioned several instances...
More »Plan panel pushes irrigation projects to bolster food security by Sangeeta Singh
The Planning Commission has approved irrigation projects worth an estimated Rs.2 trillion over the past year-and-a-half to bolster India’s food security, but analysts say most of the money will not be utilized because of corruption and poor execution. A total 141 projects costing Rs.1.3 trillion were cleared in 2010 alone, according to an internal Plan panel paper on investment clearance of flood control, major and medium irrigation projects and renovation and...
More »Doctors, let us care for the sick, not look at their purse by Dr. Araveeti Ramayogaiah
Dr. Subba Reddy, my classmate at the medical college, practises in a village in Kurnool District of Andhra Pradesh. A decade ago, a patient came to him for treatment of hydrocele. After examination, Dr. Reddy suggested surgery costing Rs. 500. The patient asked Dr. Reddy to refer him to a bigger hospital in a city. Dr. Reddy suggested a city hospital. After a few days, he received Rs.1,000 from the...
More »The New Geopolitics of Food by Lester R Brown
From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...
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