-Outlook Corporate karza maafi reaches new heights, social spending new lows This year's budget write-off in customs duty on gold, diamonds and jewellery (all aam aadmi items, of course) is Rs 75,592 crore. That's well over twice the "record" amount allocated to the Mahatma Gandhi National Rural Employment Guarantee Scheme. As Prof Jayati Ghosh points out, the MNREGA has given billions of person-days of work to tens of millions of poor...

-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

-Economic and Political Weekly Since independence, India's national health policies have been aspirational but the end results have been limited. The National Health Policy 2015, which is in the process of being finalised, should, in place of the earlier "broadband" approach, adopt a "narrow focus" on primary healthcare through the National Rural Health Mission. The latter has focused on primary healthcare and has shown visible results. A slew of suggestions as...

-Outlook The BJP government needs to understand that "vikas" means growth and development, not growth alone. The new government that came to power with the promise of "vikas" has launched an unrelenting attack on social welfare programmes and legislations. In October 2014, there was a rumour that NREGA would be restricted to some districts. Though the changes proposed have not been implemented, NREGA is in danger of dying a slow death...

-Economic and Political Weekly   A "high-level" committee makes half-baked recommendations which will rollback the PDS. A ccording to media reports, former Union Minister for Food Shanta Kumar recently disowned the National Food Security Act (NFSA) on behalf of the Bharatiya Janata Party (BJP). He explained, without blinking, that the BJP had just pretended to support the Act when it was being discussed in Parliament, for fear of the possible electoral consequences of...