Around a third of India Inc’s investment plans are in states affected by Naxalism. Anyone who’s been reading Mahesh Vyas regularly, including his piece on today’s OpEd page, knows India Inc’s investment juggernaut has rolled on relatively unchecked, despite the global crisis, for the past five years. The investments on hand, the CMIE (Centre for Monitoring Indian Economy) chief’s calculations show, have the potential of increasing India’s GDP by 50 per...
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Victims always by Venkitesh Ramakrishnan and Ajoy Ashirwad Mahaprashastra
The S.C. and S.T. (Prevention of Atrocities) Act has failed to make Dalits any safer. THE ascent of the Mayawati-led Bahujan Samaj Party (BSP) to power in Uttar Pradesh on May 13, 2007, was seen as a defining moment in the politics of Dalit empowerment in the country. The Scheduled Caste (S.C.) leader of an avowedly “Dalit assertive” party had been Chief Minister earlier too, but the difference this time...
More »'Outlays have had no relationship with outcomes': Mani Shankar Aiyar
As an Indian, and one who has held high ministerial office, it is only right that I begin by portraying the reality of my own country before drawing comparisons with my South Asian neighbours. The World Food Programme tells us that half the world’s hungry live in India. Which is the more significant reality: Our being the second-fastest growing economy in the world, or that, notwithstanding that extraordinarily high growth...
More »The anarchical society by Deepak Lal
Ever since Gunnar Myrdal’s Asian Drama, which castigated India as a “soft state”, western observers, as well as many members of the Nehruvian wing of Macaulay’s children, have failed to understand the anarchical society which has existed in India for millennia. A recent review (Journal of Economic Literature, September 2009) by Lant Pritchett (a former World Bank official in Delhi) of Financial Times’ former India correspondent Edward Luce’s book In...
More »Midday meal index vetoed by Charu Sudan Kasturi
An ambitious human resource development ministry proposal aimed at ending persistent gaps between allocated and needed funds that plague the midday meal scheme has been rejected by a key finance panel. The Centre’s expenditure finance committee (EFC) has dumped the ministry proposal to tie costs of the meal scheme to fluctuating commodity prices through a special pricing index, The Telegraph has learnt. The EFC’s approval is mandatory for central proposals with...
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