How economically sustainable is food subsidy? The cost could even be double of what the government estimates Food deprivation and malnutrition are completely unacceptable and everything has to be done to eliminate such an evil. The prevalence of malnutrition in a country like India is in itself a cause for serious concern since malnourished children may jeopardise India’s favourable demographic dividend (as per independent estimates, close to 60 per cent of...

Worried at the prospect of having to match the arbitrary minimum wage rate fixed by the states, the central government is considering changes in the law to specify a separate wage norms for its flagship rural employment guarantee scheme that is undergoing a complete makeover under minister Jairam Ramesh.  The centre has already contested in the Supreme Court a Karnataka High Court interim order directing it to align wage rates under...

Chief Election Commissioner S.Y. Quraishi has written a strong letter to President Pratibha Patil complaining against Union Law and Justice Minister Salman Khursheed for challenging the Commission on the “nine per cent sub-quota for minorities issue” even after being censured by it. Mr. Quraishi sought her “immediate and decisive” intervention to ensure that the Election Commission (EC) discharged its functions and duties in accordance with the Constitution and law in Uttar...

-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...

-The Indian Express   Pranab Mukherjee should use his waking hours to signal bold reforms Until a few years ago no one really thought that governments could go bust. But the deepening sovereign debt crises of Europe have now persuaded us that governments can go bust if their debt levels cross a certain danger mark. What is that danger mark remains a matter of research by economists around the world. Some studies have concluded...