-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
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Human Development to be Taken into Account in Formulating and Implementing Social Sector Programmes: Economic Survey 2013-14
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely as precursor to the General Budget in the Lok Sabha today shows some interesting results of inter-state comparisons of socio-economic development of select states based on available indicators from various sources and furnish some clear policy pointers. While some states have done very well in terms of growth indicators, they are poor performers...
More »Poverty ratio declines to 21.9 per cent
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The Government has to take timely action to make people healthy, educated and adequately skilled. Social-sector expenditure Expenditure on social services...
More »On the mythology of social policy -Jean Drèze
-The Hindu India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...
More »India is poorest in South Asia after Afghanistan: Oxford varsity study
-The Hindu Business Line Over 340 million destitute people live here, mostly in rural areas NEW DELHI: India is home to over 340 million destitute people and is the second poorest country in South Asia after strife-torn Afghanistan, says a poverty estimation study by Oxford University, UK. Forty per cent of all poor in 49 countries live in India, mostly in rural areas, according to the Multi-Dimensional Poverty Index (MPI) 2014, a tool...
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