One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...

-The Pioneer The Planning Commission will constitute an expert group in three months to revisit the methodology for estimating poverty amid demand for removal of its Deputy Chairman Montek Singh Ahluwalia for pegging the poverty line at Rs 28.65 daily per capita consumption for cities and Rs 22.42 in rural areas. “The Government had taken a decision to set up a technical group to revisit the methodology for estimating poverty in a...

-The Telegraph On Monday mornings, the white ambassadors with red beacons go missing from the premises of the municipality in Visakhapatnam. Instead, a queue of bicycles adorns the parking ground in front of the office. Commissioner B. Ramanjaneyalu and his senior officials may be entitled to government cars but on the week’s first working day, they have to leave the comfort of their cars behind and compulsorily bike to office. It’s all part...

India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...

Almost a month ago, when the Jayalalithaa-appointed state expert panel gave a clean chit to the Kudankulam Nuclear Power Project (KKNPP), Firstpost had stated that the agitation was practically over. It was only a matter of time before the protesters were either asked to vacate the plant site or were forcibly removed. Since then, the PMANE (People’s Movement Against Nuclear Energy) and the local struggle committee were essentially waging a losing...