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The safety net of the future -Pranab Bardhan

-The Indian Express Insecurity, more than poverty or indebtedness, is the key economic issue that politicians must address If social inequality is the most acutely felt social problem in India, insecurity, more than poverty, is the most acutely felt economic problem. While most measures suggest that only around one-fifth of the population today is under the official poverty line, large sections of those even much above that line are subject to...

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For farm distress, India needs more effective solutions than loan waivers -Shamika Ravi

-Business Standard Those who want to help India's farmers should be working much harder to figure out what they really need It’s election season in India and the money is flowing. Governments in many states have begun waiving tens of millions of dollars’ worth of loans to poor farmers in an effort to buy their loyalty. The argument – widely accepted by politicians and journalists, the demographic groups with the least fiscal...

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Kerala's alternative to farm loan waivers has lessons for India -Nidheesh MK

-Livemint.com Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It...

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What Ails CAG, and What Can Be Done? -BP Mathur

-Centre for Financial Accountability blog The institution of Comptroller and Auditor General (CAG) in India is patterned on the British model. In Britain, The Exchequer & Audit Department Act of 1866 created the office of CAG with a view to strengthen democracy and exercise parliamentary control over national finances. The office of CAG came into being, thanks to the missionary zeal of William Gladstone who was Finance Minister at the time...

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Doctors raise baby food alert -GS Mudur

-The Telegraph Call to govt to act against covert promotion A paediatricians’ network has asked the government to act against violations of a law on baby food substitutes, claiming companies are organising “scientific sessions” to influence doctors into recommending their products. The Breastfeeding Promotion Network of India has asked the Union health ministry to authorise health officers or paediatricians in the district hospitals to look out for and file comPLAints against violations of...

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