Allocation of funds for the science and technology sector in the Union Budget for 2012-13 appears far from adequate, considering that Prime Minister Manmohan Singh had just over two months ago emphasised the need for a major increase in investment in research and development. Inaugurating the 99th annual session of the Indian Science Congress on January 3, he had lamented that the current spending on R&D was “too low and stagnant”...
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Change in scavenging Act soon, court told by J Venkatesan
The Centre on Friday informed the Supreme Court that appropriate steps would soon be taken to amend the Employment of Manual Scavengers and Construction of Dry Latrines (Prohibition) Act, 1993 to eliminate manual scavenging. Additional Solicitor General Harin Raval told a Bench of Justices H.L. Dattu and C.K. Prasad that necessary amendments would be introduced in the monsoon session of Parliament. The ASG also assured the court that the government would...
More »5.3 % share for children in Budget-Aarti Dhar
As much as 5.3 per cent of the Union Budget for 2012-13 is Budget for Children (BfC) with an increase of 0.3 per cent since 2011-12. This must be set against the inflation rate of 6.6 per cent. The increase can be attributed to the increased allocation in the development sector by 66.2 per cent and health by 29.7 per cent. However, as always, the share of the protection sector remains...
More »GEAC, experts slip on basics? by Latha Jishnu
As the biotech industry takes heart from the Prime Minister’s remark, a fresh report shows India’s regulation and expertise on GM crops are sloppy BUOYED by the Prime Minister’s remark that NGOs were responsible for the moratorium on the release of GM or Bt brinjal, the biotech industry is stepping up its campaign to get it lifted along with “all constraints in the research and development work of biotech crops”. It...
More »Liberal politics of Economic Survey 2011-12 by Richard Mahapatra
The Economic Survey 2011-12 showcases the dividends of economic liberalisation started by the ruling party. But admits: growth is not possible without agriculture During the last financial year there were talks of the Indian economy finally decoupling from agriculture thus monsoon. The Economic Survey of 2011-12 disagrees with that. The survey has re-emphasised that whatever economic growth happened in the last fiscal it was due to agricultural growth. India recorded the...
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