Just reclassified Rs 1.46 lakh crore of spending as capital investment. Finance Minister Pranab Mukherjee’s Budget for 2011-12 seems to have used a new accounting system to make a virtue of necessity. Committed to provide funds to run the Mahatma Gandhi National Rural Employment Guarantee Scheme or MGNREGS, Mukherjee has transferred the entire financial allocation for the scheme under a head that will now help him take credit for a reduced effective...
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Punjab Budget woos women, BPL families by Sukhdeep Kaur
“Budget is more than a document of income and expenditure. People expect it to tackle the twin problems of poverty and social injustice while ensuring better income and standard of living.” Country’s first woman Finance Minister of any state government, Upinderjit Kaur, said this while presenting her first budget and last of the present Akali-BJP government on Monday. With the state slated to go to polls early next year, the Rs...
More »Shillong RTI Convention concludes
Going with its slogan: “Our money our right,” the Shillong declaration of the 3rd National Right to Information Convention today resolved that the Central Government must subject “all public expenditure under social audit.” It was by far one of the most crucial of the other 11 resolutions passed in the Shillong Declaration and was only included after the strong insistence of RTI activist, Aruna Roy. She was amply supported by some...
More »The Mirage of Food Security by Tejinder Narang
It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and (3) partial coverage (say, to 11 crore families) with 35 kg per family per month. In each case, the implications...
More »Endosulfan Industry's dirty war to save its toxic product: Summary of Recent Events by CSE
As the demand for a ban on Endosulfan in India is gaining pitch and Karnataka being the latest state to ban the pesticide, the Pesticide Manufacturers and Formulators Association of India (PMFAI) is going around crying foul. They are leaving no stone unturned to save endosulfan. Press meets across the country and plugged newspaper reports maligning studies that have indicted endosulfan in the past is a desperate attempt to save...
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