Jean Dreze, until recently the intellectual driving force behind the National Advisory Council , is measured but unmistakable in his disenchantment with many current UPA welfare schemes. The economist who quit the Sonia Gandhi-led NAC in late June, won't comment on whether the UPA government has failed the NAC. But, he tells Ullekh NP, there's not enough empathy in the Indian establishment for the poor. Programmes like NREGA, he says, attract...
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World Bank gets jittery by Richard Mahapatra
As bank gears up for competition, it may further dilute environmental safeguard policies WITH financial institutions of emerging economies like India and China getting big time into development lending, the World Bank plans reforms to attract its borrowing countries. Some of the important plans are to disburse loans faster and on flexible terms. Bank watchers and civil society groups say the reforms, expected to be in force by the year-end, would...
More »Arvind Kejriwal, a member of the joint drafting committee for the Lokpal Bill, interviewed by Thufail PT
Arvind Kejriwal, a member of the joint drafting committee for the Lokpal Bill, is disappointed at the way the government has treated the suggestions made by the civil society for the new Lokpal Bill. In an interview with Thufail PT, he talks about the future of the campaign, the charges of the right-wing bias in the campaign and why it is okay to take funds from corporates for such campaigns....
More »JNU caters mainly to UP, Bihar students, says CAG by Akshaya Mukul
Jawaharlal Nehru University, set up as a centre for academic excellence for the whole country, mainly caters to students from UP and Bihar. This has come out in the draft performance audit report of Comptroller & Auditor General that also found JNU having diverted Rs 6.29 crore, allocated under Infrastructure Development Fund for OBC reservation, to pay electricity/water charges. The government auditor said JNU had failed to maintain an "all-India character...
More »Prices set for higher jumps by Gaurav Choudhury
The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. Prices are not under...
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