-Outlook As subsidies for the poor continue to be under attack, a ground-up report from 10-states shows how well welfare schemes have worked over the last 10 years. Ahead of Elections 2014, rights-based welfare schemes are under attack. To those who argue ‘Dolenomics' doesn't work, a survey of five schemes in 10 states shows that the Rs 1,68,478 crore annually the nation spends is making a real and tangible difference on...
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Parmesh Shah, the World Bank’s lead rural development specialist for South Asia speaks to Parakram Rautela
-The Times of India blog Between 2011 and 2017, the World Bank will spend $4 billion on rural development in India. Parmesh Shah, the bank's lead rural development specialist for South Asia, talks to Parakram Rautela about how that money is going to be spent and how they're working towards their ultimate aim - a world free of poverty Q. It's one thing to say that you want to eradicate world poverty...
More »Robbing India's poorest: Study finds HALF the foodgrain meant for PDS is 'diverted' through errors or corruption -Neetu Chandra
-DailyMail.co.uk It's the great gamechanger that didn't work. The Targeted Public Distribution System (TPDS) launched in 1997 on the back of 72 lakh tonnes of foodgrain annually, with its focus on six crore of the nation's poorest. It was touted as the dawn of a new era for India's food security, but remains riddled with leaks that gobble up to half the foodgrain routed through it. Research conducted by Raghul Madhaiyan of the Department...
More »IMF study finds inequality is damaging to economic growth-Phillip Inman
-The Guardian International Monetary Fund paper dismisses rightwing argument that redistributing incomes is self-defeating The International Monetary Fund has backed economists who argue that inequality is a drag on growth in a discussion paper that has also dismissed rightwing theories that efforts to redistribute incomes are self-defeating. The Washington-based organisation, which advises governments on sustainable growth, said countries with high levels of inequality suffered lower growth than nations that distributed incomes more evenly. Backing...
More »Food subsidy can fill poverty gap, twice-Puja Mehra
-The Hindu Union Finance Minister P Chidambaram's estimate for India's 2014-15 food subsidy bill of Rs 1,15,000 crore in the interim budget is more than twice of India's Poverty Gap, or the cost of pushing all households above the poverty line if cash transfers were used instead. The Poverty Gap for India, as per the latest NSSO Consumption Expenditure Survey data available (for the year 2011-12) is Rs. 55,744 crore. A...
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