At present, the government spending on education is about 3.4 percent of GDP ‘It is imperative that the government increase outlays in Sarva Shiksha Abhiyan' A delegation of the People's Budget Initiative met Finance Minister Pranab Mukherjee here on Saturday to demand enhanced resources for the social sector which was crucial for the development of human resource and the nation. Formed in 2006, People's Budget Initiative is a coalition comprising representatives from people's...

After increasing slowly and steadily from historic lows, world rice prices tripled in just six months during 2007-08. The price surge caused much anxiety because so many of the world’s poor are rice consumers. And it caught many by surprise as market fundamentals were sound. Indeed, it was government policies, rather than changes in the production and consumption of rice, that drove the surge. This suggests that improved government policies...

And you thought you could get information from the State using the RTI Act? Take your place in the line behind thousands of frustrated citizens The government is considering changes to the Right To Information Act (RTI) that activists feel could dilute the power of the Act. Former Chief Justice of India K.G. Balakrishnan has recommended protecting the judiciary from RTI queries apparently on grounds that the move would “erode” the...

As food prices rose for the seventh month in a row in January, contributing to recent popular unrest in the Middle East and a spike in commodities purchases by developing countries last week, some analysts are quick to make comparisons to the dry years of 2007-2008. But others warn against panic and oversimplified predictions of an impending food crisis, which contribute to price volatility. "It is important to underline – and we've...

Since Cairo took to the streets, there is one question that comes up repeatedly in India. How have we been saved from such anarchy, in spite of our faltering democracy? True, Egypt's growth, between 5% and 7%, has been less spectacular than ours. But its per capita income swelled from $587 in 1981 to $1461 in 2001. Even its deficit as a percentage of GDP has fallen from 10.2% in...