‘BSNL chosen for project without tender process and it has quoted high price' The Department of Telecommunication's plans to go for extensive erection of mobile towers in the Left-Wing extremism-affected areas, to help people and the security forces stay connected, have been opposed by the Finance Ministry, which cited selection of the state-owned Bharat Sanchar Nigam Ltd for the project without following any tender process and its quoting high costs for...
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The austerity of the affluent-P Sainath
A rural Indian spending Rs. 22.50 a day would not be considered poor by a Planning Commission whose Deputy Chairman's foreign trips between May and October last year cost a daily average of Rs. 2.02 lakh Pranab Mukherjee's stirring call for austerity tugs at the national tear ducts. Prime Minister Manmohan Singh has pleaded for it in the past and watched his flock embrace it creatively. With the Finance Ministry even...
More »At Rs 33,000, per capita debt in India increases by 23%
-The Economic Times The per capita income may have gone up by 14% during the last financial year, but the debt burden on every Indian - in the form of the government's debt - went up by 23%, latest official estimates show. According to finance ministry data, the per capita debt in India was estimated at nearly Rs 33,000 at the end of March 2012, compared to a little over Rs 26,600...
More »And pension for all-Jayati Ghosh
A universal pension scheme for social protection must be part of a broader strategy of economic expansion different from the present neoliberal order. INDIA must be one of the worst countries in the world in terms of not providing even minimal social security for most of its people. This is not just a major failure of the development project in the country – it is also a significant cause of...
More »Bihar spends most on pension among all states
-The Times of India Bihar seems to be becoming a pensioners' paradise with the state spending the highest amount on account of pension among all states, 48% of its revenue earnings. Along with some north-eastern states, Bihar's expenditure on pension, administrative services (salaries etc) and interest payments adds up to more than its total revenue generation. According to budget documents of state governments, Bihar is the only one among non-special category states...
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