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Last straw on the fisc back by Soumya Kanti Ghosh & Rajiv Kumar

The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...

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Moral lesson for rural India

-The Telegraph Union rural development minister Jairam Ramesh today took strong exception to corruption in the Mahatma Gandhi National Rural Guarantee Act scheme and urged governments not to make the flagship programme a hotbed of corruption. “NREGA is not a scheme to buy Boleros and Pajeros, it is to develop roads,” said Ramesh at a Gramonnayan Sammelan organised by the panchayat and rural development department in Guwahati today. Though he did not specifically...

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Jairam Ramesh, Minister for Rural Development interviewed by Anil Padmanabhan & Elizabeth Roche

As minister for rural development, Jairam Ramesh oversees the largest spending in the social sector by the government. This includes the marquee Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) that was pioneered by the Congress-led United Progressive Alliance in 2006. The minister, an alumnus of the Indian Institute of Technology and the Massachusetts Institute of Technology, is known for his forthrightness. In a typically candid interview to Mint on...

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Tribal exposes govt 'lie' on Posco residents

-The Times of India   The filing of nomination by a tribal woman for the panchayat samiti polls at Gadakujang in Jagatsinghpur district, the epicenter of the anti-Posco agitation, has sparked fresh controversy over the presence of tribals in the area. Posco Pratirodhaka Sangram Samiti (PPSS) general secretary Sishir Mohapatra said, "The decision of Meena Hembram and Sara Das has belied the state government's claims that the area doesn't have any tribal population."...

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Has Centre got dual policy on FDI in retail sector? Brinda Karat

-PTI   The CPI(M) today asked the Manmohan Singh government whether it had a "dual policy" on FDI in the retail sector.  "In Parliament the Centre said it would not move forward in FDI till a consensus evolved through discussions. In Davos Union Commerce Minister Anand Sharma told a Walmart representative that it had only pressed the pause button. Has the Centre a double policy on FDI in retail?" CPI(M) Politburo member Brinda...

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