Three years after he was arrested by CBI from a Mumbai hotel along with an arms dealer, Indian Revenue Service officer Ashutosh Verma was reinstated by the Income Tax Department. Last month, he was promoted as Joint Commissioner, Income Tax. In March 2008, Verma was arrested together with arms dealer Suresh Nanda, his son Sanjeev and Nanda’s chartered accountant Bipin Shah. The arrests were made after a surveillance unit of the CBI...
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India's official poverty line doesn't measure up by Jayati Ghosh
It is time to separate people's real needs from the arbitrary assessments of poverty that have guided Indian governments India's poverty line has always been a matter of huge debate, but it was a discussion mostly confined to economists and policymakers. But the matter has now gone public, following a row about an affidavit from the planning commission to the supreme court of India, in which the official poverty line was...
More »New national policy for senior citizens coming
-The Hindu It will have welfare measures and institutional framework A new National Policy on Older Persons, incorporating a range of welfare measures and an institutional framework for effective implementation, is expected to be unveiled soon. The policy will be based mostly on the Draft National Policy on Senior Citizens, 2011 headed by V. Mohini Giri, Union Minister for Social Justice & Social Welfare Mukul Wasnik said on Wednesday. He was presiding over...
More »Can the Planning Commission be reinvented? by Sanjeeb Mukherjee, Indivjal Dhasmana & Vrishti Beniwal
Caught in the middle of a maelstrom of controversies, the Planning Commission has been accused of being disconnected from ground realities. Its 12th Plan hopes to fix that. A short while ago, the Congress general secretary and scion of the Nehru-Gandhi dynasty, Rahul Gandhi, remarked that members of the Planning Commission are not in touch with the ground realities in India. He could have been somewhat influenced by his father, former...
More »High food price, a crisis on our plate by Brinda Jagirdar
To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
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