The idea of interlinking rivers is appealing because it is so grand, but this is also the reason it is nothing more than a distraction The Supreme Court recently issued a diktat to the central government about the scheme to interlink rivers. The directions are straightforward. The government shall set up a high-level committee of ministers and other representatives on interlinking of rivers; the committee shall meet “at least once in...

-The Economic Times World Bank has said it will extend full financial support to India to help enhance the abysmal level of infrastructural development in the country in the 12th Five Year Plan that begins next fiscal.  The World Bank president Robert B Zoellick, who begins his fifth and last official visit to India on Monday, has expressed intent to discuss innovative methods of financing with Indian leaders during his stay.  "India's needs...

-The Business Standard Agri Survey diagnoses the key problems correctly The first-ever Agricultural Survey tabled in Parliament, emulating the presentation of the Economic Survey, seems a well-meaning exercise in candid analysis of the factors that have constrained the sector’s growth. Being an inaugural report card, it has done well not to confine itself to developments during 2011-12. The long-term trends do, indeed, provide the answers to some of the key questions...

-The Times of India Many feel the Budget is positive for the education sector, with good amounts allocated to higher education and school education exempted from service tax Pranab Mukherjee, finance minister, presented the Union Budget for the year 2012-13 on Friday, with reference to the state of the global economy and its impact on India. The Budget seems positive for the education sector, with good amounts allocated to higher education and...

As much as 5.3 per cent of the Union Budget for 2012-13 is Budget for Children (BfC) with an increase of 0.3 per cent since 2011-12. This must be set against the inflation rate of 6.6 per cent. The increase can be attributed to the increased allocation in the development sector by 66.2 per cent and health by 29.7 per cent. However, as always, the share of the protection sector remains...