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Achilles’ heel of social policy

-The Indian Express Jairam Ramesh’s criticism of NREGA highlights that a rights-based approach to poverty reduction cannot work without improving implementation The clamour for the right to social pensions is another attempt to deal with the Indian state’s inability to provide adequate social protection to its poorest citizens through targeted programmes. India’s vulnerable continue to be excluded from social safety nets. The multi-layered problems with social welfare schemes can be summarised in...

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The political economy of petroleum prices-Vikram S Mehta

Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...

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More cases of 'wilful' default on bank loans by farmers

-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

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Is MSP for 13 minor forest produce the next MGNREGS?-Smita Gupta

The Ministry of Tribal Affairs (MoTA)'s plan to introduce a Minimum Support Price (MSP) mechanism for 13 items of minor forest produce (MFP) has been approved by the Planning Commission. Sources in the Ministry told The Hindu that a detailed financial proposal would be sent to the Expenditure Finance Committee of the Finance Ministry by June 7 after which it would go to the Cabinet. Union Minister Kishore Chandra Deo, who...

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No sustainable development without hunger eradication

-FAO On the path to Rio+20, FAO calls for a future with both healthier people and healthier ecosystems Sustainable development cannot be realized unless hunger and malnutrition are eradicated, FAO said in a policy document prepared for the Rio+20 Summit to be held in June in Rio de Janeiro. "We cannot call development sustainable while this situation persists, while nearly one out of every seven men, women and children are left behind, victims...

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