Prime Minister Manmohan Singh said on Saturday that the country needed to cut down on its dependence on debt to finance its developmental programmes and find ways to reduce the current level of subsidies. "The financing of the plan expenditure has depended far too much on debt. This must change," said Singh while addressing a meeting of the National Development Council (NDC), the country's top policy forum. To fund its...

Politicians, from the ruling party and opposition alike, are grappling with the problem of how to effectively communicate with their constituencies on the issue of high food inflation. One had thought it would be easy for the opposition to mount a campaign on rising prices against the ruling coalition, but it appears that inflation and its impact on the political economy is far more complex today than it was 10...

The Government of India’s initiative to focus on agricultural development in the eastern states, as represented by the meeting that the Union ministers for finance and agriculture attended in Kolkata last week, is welcome if belated. Some may see this as a pre-election gimmick with an eye to elections in Bihar and Bengal. But there is no gainsaying the fact that the region’s agricultural economy needs a productivity boost. Among...

The public distribution system (PDS) has failed to deliver on its objectives in many parts of the country. It would then seem appropriate to dismantle the system immediately and replace it with food coupons or cash transfers to the eligible households. But evidence on ground illustrate that PDS has functioned well for years in southern states such as Andhra Pradesh, Kerala and Tamil Nadu, with majority of the households purchasing...

Sujatha Sundaran, 25, sits on a rickety bench and points to a rubber nursery that was a helipad about a decade ago in Mundakkai colony in the heart of Kerala’s northern district of Kasargod. Local children used to watch with awe as the choppers flew overhead and sprayed the insecticide endosulfan on the cashew groves of the Plantation Corp. of Kerala Ltd, a state government undertaking. She was eight when she...