Capitalism is supposed to bring in modernity, which includes a secular polity where ''babas'' and ''swamys'', qua ''babas'' and ''swamys'', have no role. Many have even defended neo-liberal reforms on the grounds that they hasten capitalist development and hence our march to modernity. The Left has always rejected this position. It has argued that in countries embarking late on capitalist development, the bourgeoisie allies itself with the feudal and semi-feudal...
More »SEARCH RESULT
Unusual asset by CP Chandrasekhar
Governments can acquire land for “public purpose” while making sure that the displaced are compensated, relocated and rehabilitated. THE violent conflict over land acquisition in Uttar Pradesh and the persisting resistance to land acquisition for the Posco project in Jagatsinghpur district of Orissa are merely recent instances that exemplify the growing stand-off between the Indian state and its people centred on land. On the one side are governments (both Central...
More »Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
More »Targeted PDS is a failure: Plan Panel member
-The Economic Times A day after the Work Bank marked out deficiencies in the country's public distribution system (PDS) for foodgrain, a senior government official has said that restricting public distribution to below poverty line (BPL) households has been a failure in India. "The mess in the public distribution system has been created by the notion that it is only meant for the poor. All problems of the current system are...
More »Health budget may go up by 2% by Kounteya Sinha
India plans to increase its allocation for health to 2%-3% of its GDP over the next five years. Public spending on health was 0·94% of the gross domestic product (GDP) in 2004–05, which was among the lowest in the world. Private expenditure on health in India is about 78% as compared to 14% in the Maldives, Bhutan (29%), Sri Lanka (53%), Thailand (31%) and China (61%). Union health minister Ghulam Nabi Azad on...
More »