-The Wall Street Journal These days, Indian policymakers are debating how to create a vast new food entitlement program. There is talk of poor households struggling to cope with high food prices and malnourishment among their children. What you don’t hear much about, however, is the most tragic and outrageous consequence of India’s failure to feed its people adequately: starvation deaths. India is a nation that prides itself on having been self-sufficient in...

The professional divide on Tendulkar's estimation goes a long way back A committee is being set up to devise yet another methodology to estimate poverty in India. The step has led to some unhappiness among economists and experts that it amounts to junking the services and competence of an expert like the late Suresh Tendulkar, whose study is sought to be replaced. Under pressure from all sides over its estimate of people...

-IANS The Bharatiya Janata Party (BJP) has gagged at least two of its senior leaders in Chhattisgarh after they slammed their own government for not taking the Comptroller and Auditor General's (CAG) report seriously, sources say.  Top sources in the BJP here said former union minister and Lok Sabha MP Ramesh Bais and the former Lok Sabha MP Karuna Shukla were advised by the party to "restrain" themselves from making public statements...

-PTI A government sub-committee looking into probable sources of funds for urban transport projects in the 12th Plan has suggested the creation of a national fund, resource for which can be generated through taxes on vehicles and petrol consumption.  The recent report of the Sub-Committee on Financing Urban Infrastructure in the 12th Plan said investments to the tune of 87,000 crore were required in the Five Year Plan duration.  The huge investment needs...

-The Economic Times Repressed, unrevised retail prices by fiat have led to rising diesel consumption nationwide, thoroughly misallocating resources and recklessly fretting away scarce budgetary funds in the bargain. The government needs to promptly decontrol diesel prices and put paid to open-ended oil consumption subsidies, as it has rightly proposed to in the Union Budget.  Further dither and non-decision would wreak havoc in government finances and hook the fiscal deficit figure over...