Prime Minister Manmohan Singh on Tuesday singled out resilience of the Indian economy in times of global meltdown as a signature achievement of UPA II's first year in office, and pushed for "new frontiers" in implementing the social inclusion agenda, including food security act and education for all. In a spirit of introspection, Manmohan Singh, however, admitted that soaring prices of basic commodities remained a source of concern and stressed that...
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Ensuring food security for all by Pradeep S Mehta
The National Food Security Bill, 2010 that aims to provide subsidised foodgrain to the very poor is welcome, but its definition of ‘food security’ is too narrow. The Rome declaration on World Food Security (at the World Food Summit in 1996) states that “we, the heads of state and government ... reaffirm the right of everyone to have (physical and economic) access to safe and nutritious food, consistent with the...
More »Factories to contribute more to national income than farmers by Surabhi
ON May 31, when the government announces GDP numbers for 2009-10, for the first time, factories would contribute more to the national income than the country’s farmers, marking a significant shift in the structure of the India economy. That does not, however, diminish the importance of the farm, fisheries and the forest sector because of the disproportionately high percentage of people still engaged in these activities. Neither does it take...
More »Nearly 49,000 slums in India: NSSO by Mahendra Kumar Singh
Even as the Indian economy remains one of the bright spots in the world showing an upward growth trajectory, around 49,000 slums continue to blight the urban landscape forcing lakhs of people to live in pathetic conditions. To make things worse, of these 49,000 slums, 24% was located along nallahs and drains and around 12% along railway tracks, according to a report released by National Sample Survey Office (NSSO). Not...
More »“Inflation will be reduced to 5-6 per cent by year-end”
Projecting an 8.5 per cent economic growth for the current fiscal, Prime Minister Manmohan Singh on Monday conceded that rising prices had brought distress to the common man, but exuded confidence that the “corrective” efforts of the Centre and the States would bring down inflation to about five or six per cent by the end of December this year. At a press conference here to mark the completion of the UPA-II...
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