Indian ministers' foreign travel plans have been grounded by the government's austerity drive. Till July 1 this year, Prime Minister Manmohan Singh had turned down as many as 24 foreign trip applications from members of his ministerial council, compared to 10 such refusals in the whole of 2010. The change is stark considering that the PM had earlier been obliging almost all his colleagues. In 2009, after the UPA returned to...
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NABARD's loan disbursement crosses Rs.1 lakh crore mark
-The Hindu Loans disbursed to State Governments by the National Bank for Agriculture and Rural Development (NABARD) for creating rural infrastructure has crossed the Rs.1 lakh crore mark. Of that Rs.6,523 crore has been disbursed in Tamil Nadu. This is the fourth among the States that have availed of substantial financial support from NABARD. The other three are Andhra Pradesh (Rs.9,711 cr.), Uttar Pradesh (Rs.7984 cr.), Gujarat (Rs.7,324 cr.), According to a NABARD...
More »Neoliberal Plan by Venkitesh Ramakrishnan
The Planning Commission's Approach Paper to the Twelfth Plan sticks with the neoliberal agenda despite claims of inclusive growth. INCLUSIVE was one word that came up time and again in the early announcements of the Planning Commission on the Twelfth Five-Year Plan. “Faster, Sustainable and More Inclusive Growth” was the slogan coined for the Plan and there was the promise of widespread consultations as never before as part of the processes...
More »HC: NREGS wages can’t be less than minimum wages by Ravish Tiwari
After firefighting the controversy over poverty line cut-off, the Congress-led UPA government may find itself in trouble on the matter of NREGS wages. In a judgment late last month, the Karnataka High Court ruled that wages under the UPA’s flagship rural job guarantee scheme “shall not be” less than the minimum wages fixed by state governments under the Minimum Wages (MW) Act. The decision will re-open the tussle between Sonia Gandhi-led National...
More »For social justice by PS Krishnan
Any new system for the socio-economic progress of Dalits and other vulnerable sections must not lose sight of Special Component Plan goals. THE Planning Commission's “Approach to the 12th Five Year Plan” deals with the Scheduled Castes (S.C.s) briefly in a portion of Chapter 11 titled “Social and Regional Equity”. It, however, significantly mentions the need to devise a new system that can overcome the difficulties experienced with regard to the...
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