-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...
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Government has not come back to us, says CIC -Bindu Shajan Perappadan and Mohammad Ali
-The Hindu In June, the CIC ruled that political parties should come within the ambit of the Right to Information Act In a landmark judgment, in June this year, the Central Information Commission (CIC) ruled that political parties should come within the ambit of the Right to Information Act. The CIC order noted: "We have no hesitation in concluding that INC/AICC, BJP, CPI(M), CPI, NCP and BSP have been substantially Financed by the...
More »Why promotion is better than protection-Martin Ravallion
-The Indian Express To reduce poverty, India needs to concentrate on promoting healthcare and education of the poor It is sometimes argued that a country such as India, aiming to eliminate absolute poverty, should only be concerned about economic growth, and not worry about inequality. Is that right? Yes, growth is (typically) good for the poor but it is no less true that inequality is (typically) bad for the poor. There is little...
More »Centre for extending MDM to backward dists -Akshaya Mukul
-The Times of India NEW DELHI: Government's failure to run the Mid-Day Meal (MDM) scheme smoothly in the government schools has not stopped it from proposing to extend the programme to cover 25% children of private schools in SC, ST and minority-concentrated districts. Initially, the idea was criticized within the HRD ministry and now both the Finance ministry and the Planning Commission have put a spanner in the proposal. Sources in the...
More »House panel frowns on poverty trackers
-The Telegraph New Delhi: A parliamentary panel has disapproved of the process the Planning Commission and the Centre follow to identify below poverty line (BPL) people, adding to the recent controversy over a 15 per cent reduction in poverty. The standing committee on Finance, headed by the BJP's Yashwant Sinha, has outlined flaws in the methodology followed by the Planning Commission and the government to identify the poor. The measure is key...
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