The United Nations predicted today that the world economy would bounce back next year with a global growth rate of 2.4 percent, but warned of a risk of a double-dip recession if the wrong policies are implemented. “We’re not out of the woods yet,” said Rob Vos, Director of Development Policy and Analysis from the Department of Economic and Social Affairs (DESA), ahead of the launch next month of the...
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Diary of Digging Dirt
Why would a politician turn cheerleader for those trying to dig dirt against the men and women who form the final but vital link in his political supply chain - the sarpanches or village heads? Perhaps to show his commitment to the government program he owes his job to. This month, Bhilwara in Rajasthan saw something best described as 'social service' meets 'crack investigation': around 1500 people voluntarily gathered and...
More »Expand and re-orient NREGA by PS Appu
The recession is a promising moment to expand NREGA with greater emphasis on building social capital in a big way. Soon after assuming office, the first UPA government took an impressive step for the alleviation of rural poverty by launching the National Rural Employment Guarantee Scheme. It was, indeed, a wise move to insulate the programme from the vicissitudes of electoral politics by enacting the National Rural Employment Guarantee Act...
More »The winter of our austerity by P Sainath
Growing numbers of elected representatives fund their poll campaigns with corporate backing. And growing numbers of people with a big business background have ventured directly into the electoral arena. Corporate Affairs Minister Salman Khurshid’s call for restraint, however mild, on the CEO feeding frenzy at the compensation trough, seems the least objectionable statement made by a Minister in months. (Contrast this, for example, with the Agriculture Minister’s warning that people...
More »Floods expose anomalies in the proposed Food security Act
The ongoing floods in Andhra Pradesh, Karnataka and Maharasthra have pushed millions of rural folks below the poverty line. The tragedy which is far from over has exposed the anomalies in the system of categorization of BPL families as proposed in the concept note of the Food Security Act. More than 200 people have died and over 2.5 million rendered homeless in AP and Karnataka alone. Almost all farmers in...
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