Over 1,500 people comprising farmers, residents and activists who have been affected by the Bangalore-Mysore Infrastructure Corridor Project around Bangalore, began their journey to the national capital from the City Railway Station on Sunday afternoon to voice their protest. For many, it is their first trip to New Delhi, and as a group, they felt they had a lot of opportunities to exchange ideas and develop Bonds. Janata Dal (Secular)...
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Thanks to health mission, vacancies don’t ail rural India by Aarti Dhar
Rural service Bonds for students and pre-PG mandatory qualification have helped Chhattisgarh, Rajasthan have created a special cadre with financial, non-financial incentives Acknowledging the difference the National Rural Health Mission (NRHM) has made to the health care system, the third Common Review Mission (CRM) says many States have come up with innovations for attracting and retaining professionals in public service in rural and remote areas. While most States focus on financial incentives,...
More »Finance panel wants deficit cut back by Sanjiv Shankaran and Utpal Bhaskar
The 13th Finance Commission (TFC) has recommended a return to fiscal consolidation and reform in expenditure management. It has also suggested the Centre offer states a share of revenue raised from levies such as cesses and surcharges, according to people familiar with the report. TFC, a statutory body tasked with suggesting ways in which taxes should be shared between the Centre and states and drawing up a road map towards fiscal...
More »Built on illusion by Jayati Ghosh
The collapse of the Dubai dream is not without any implications; it may be an indication that the travails of finance capitalism are not over. GLOBAL capitalism is in a phase in which it must deal with the fruits of the overextension during the previous boom, and there is no doubt that this is going to be painful. The financial crisis in the United States and some other developed countries...
More »Fertilising change
Right time for policy reform The government is set to face disappointment on its expectation that the fertiliser subsidy will go down sharply this year due to a softening of international prices of fertilisers. It now appears almost certain that the total payable subsidy in 2009-10 may be around Rs 70,000 crore, against the budgetary provision of under Rs 50,000 crore. Since the government has made it clear that no additional...
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