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The unaccounted costs of targeting-Martin Ravallion

-The Indian Express     A degree of targeting is useful in ensuring that policies are effective in reducing poverty. But we have to be careful how this is done. With the right policies, India has a good chance of seeing accelerated poverty reduction in the coming decades. As I have previously argued, this will require that India does a better job in reaching the country's many poor people through its social policies. However,...

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Integrity of Plan expenditure doubtful, says CAG -Pradeep Thakur

-The Times of India NEW DELHI: In a report on Union government accounts tabled in Parliament last week, the comptroller and auditor general (CAG) has raised serious questions on the government's claim of its expenditure, saying the "integrity of the data provided to audit on Plan expenditure was doubtful". There is huge variation in Plan expenditure as per data maintained by different wings of the government. According to the finance accounts, the...

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Onion prices hover around Rs 60; peas soars to Rs 100

-PTI CHANDIGARH: Onion prices continued to hover around Rs 60 per kg across retail markets in Punjab and Haryana, while peas jumped to Rs 80-100 per kg. After witnessing a steep hike from Rs 30 per kg a fortnight back, onion prices have been hovering around Rs 60 per kg for the past few days, traders said today. They said it was not just the price of onion, which was in short supply...

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UPA spend on key welfare plans dips -Pradeep Thakur

-The Times of India NEW DELHI: Contrary to the perception that the UPA government has been spending more on social sector schemes, a financial audit of the Union government's accounts for 2011-12, tabled in Parliament on Tuesday, reveals that every year, the spending has been coming down drastically on most of the major flagship programmes - by up to 63% in some cases. The largest allocation in the Budget in the last...

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Food Security Bill on shaky turf -KP Prabhakaran Nair

-The New Indian Express In 1948 when the United Nations passed the covenant ensuring the right to food, vis-à-vis the right to proper livelihood, to which India became a signatory, it did not envisage that the whole issue would be caught up in such an imbroglio - political and economic - as one witnesses today. The original covenant in article 25 ensures the "right to work and livelihood" and right to...

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