The sharp drop in poverty estimates in the latest count has been attributed largely to the high growth over 2004-2010, but disaggregated state-level data does not seem to provide conclusive evidence. The national poverty count dropped to 29.8% in 2009-10 from 37.2% in 2004-05, but in states such as Bihar, Chattisgarh, Uttar Pradesh and even Punjab the decline was much less even though they reported a visible improvement in economic growth...

-Economic and Political Weekly   Budget 2012, built yet again at the altar of fiscal fundamentalism, will not convince anybody. In this era of immediate assessment it took just a few minutes for the Union Budget for 2012-13 to be given one or the other negative appellation – “lacklustre”, “anti-growth”, “back to the 1980s”, “without reform” and the like. Such evaluations forget that union budgets have long since ceased to be statements of...

Sounding a note of caution, the Economic Survey has stressed that for “growth to be inclusive” India must create adequate employment opportunities—a call that underlines existing inequality, including urban-rural income disparity, and concern that it may increase as more young people enter the job market. While India’s unemployment rate has dropped from 8.2% in 2004-05 to 6.6% in 2009-10, the number of jobless is still huge in absolute terms. The...

The Sonia Gandhi-led National Advisory Council (NAC) has released draft recommendations for a social security package for the country’s unorganized sector, which envisages providing life, disability and health cover, maternity benefits and old-age pension to workers. NAC, in a draft released on 7 March, suggested that the different welfare schemes being run by the ministries of women and child development, health and family welfare, finance and labour and employment should be...

Funding agency for rural NGOs may be on its last legs IT IS a government agency that was set up specially to fund non-profits working on rural development. But of late the Council for People’s Action and Advancement of Rural Technology (CAPART) has been plagued by allegations of corruption and inefficiency. After a few failed attempts to reform CAPART, the government has now decided to overhaul the agency which has close...