-PTI Financial performance of the states with relation to indicators of debt servicing such as debt as a proportion to revenue receipts and gross state domestic product (GSDP) has improved between 2009-10 and 2011-12, says an Icra report. While states like Kerala, Gujarat, Punjab, Rajasthan and West Bengal remain relatively more indebted, Karnataka, Odisha and Chhattisgarh have displayed a superior performance in 2011-12 in terms of their debt relative to revenue receipts. Chhattisgarh,...
More »SEARCH RESULT
Budget 2013: Agriculture Ministry seeks more fund allocation to push output
-The Economic Times The agriculture ministry is seeking more budgetary support to increase farm sector growth rate to 4% per annum from 3.5% at present. "The allocation this year would be more as the country needs to produce more to provide food security to the nation," an agriculture ministry official said. "The scheme 'Bringing Green Revolution in Eastern India' has done well with increased funds of Rs 1,000 crore. We expect more...
More »Sexual Harassment in the Workplace: the Verma Committee and After-Ayesha Kidwai
-Economic and Political Weekly The committee of inquiry headed by justice Verma is a landmark for the way in which it has inscribed into the very foundations of law, the equality and liberty of India’s women citizens. To uphold the constitutional guarantees afforded to women, it is essential that the rights given to working women in the Vishaka judgment (also delivered by justice Verma) are not elided or compromised, either by...
More »Looking forward
-The Indian Express The Delhi gangrape that set off waves of determined protest may now be on the way to bringing enduring change. The government-appointed committee, headed by Justice J.S. Verma, to consider ways in which women’s safety and freedoms were at risk, and how they could be strengthened, has submitted its report within a month. Now, it is up to the political class to assess and implement these suggestions with...
More »The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
More »