-The Business Standard Much depends on a strong implementation framework but the imposition of a cap by the Planning Commission could lead to arbitrary exclusions. Himanshu Assistant Professor of Economics, School of Social Sciences, Jawaharlal Nehru University The methodology, which is based on the framework suggested by the Saxena Committee, uses indicators that have been refined using a large-scale pilot survey There are over 400 million poor (the number varies depending on which estimate you...
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Tackling Black Economy: SC Takes Control from Government by Arun Kumar
The Supreme Court has converted a high-powered committee of the Government of India, on the issue of black money, into an SIT under its own direction. This is an expression of no-confidence in the executive. The government’s intention in tackling either the problem of black economy or bringing back the black savings stashed abroad is suspect. According to reports, the money stashed abroad by the corrupt businessmen, politicians and others...
More »Verdict reserved on OBC admissions by J Venkatesan
The Supreme Court on Wednesday reserved verdict on petitions seeking uniformity in the criteria for OBC admissions to central universities, including the Delhi and Jawaharlal Nehru universities. Last week a Bench of Justices R.V. Raveendran and A.K. Patnaik had referred the matter to Chief Justice of India S.H. Kapadia for posting it before another Bench. However, the CJI asked the same Bench to continue with the hearing. The issue is whether students...
More »India’s employment challenge by Himanshu
The recent estimates of employment and unemployment from the 66th round (2009-10) of the National Sample Survey (NSS) belie any hopes that the growth of the Indian economy between 2004-05 and 2009-10 has been inclusive. Employment has expanded by only a million jobs during this period. Not only is this lowest ever growth recorded in any such period, the fact that it occurred during the period of highest growth in...
More »Concern over Corruption by Prabhat Patnaik
There is no gainsaying that corruption breeds cynicism which undermines the democratic foundations of our polity. There is no gainsaying, too, that corruption results in a net shift of resources away from the poor. There can therefore be no two opinions about the need for controlling corruption through an appropriate lok pal bill. But the impression is unavoidable that the current hullabaloo about ‘corruption’ constitutes a case of mistaken identity:...
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