-Rediff.com President Pratibha Patil's wanderlust has cost the public exchequer a whopping Rs 205 crore on her foreign visits, surpassing the record of all her predecessors. Since assuming office as the country's first woman President in July 2007, Patil has undertaken 12 foreign trips covering 22 countries across four continents. She has four more months to go for her five-year tenure and a trip to South Africa is said to be on...

One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...

-The Telegraph The Lok Sabha erupted today over the latest poverty estimates, with calls from the Opposition to disband the Planning Commission and sack its deputy chairman Montek Singh Ahluwalia. “Montek does not know this country and the poor. He is far removed from the ground realities. He should be removed. Close down this Planning Commission. It is of no use,” Sharad Yadav of the Janata Dal (United) said. His outrage was at...

THE DEBATE on the National Food Security Bill, tabled in parliament three months ago, is on full swing. Economists from both sides are arming their arguments with facts and logic. The people who would benefit of this legislation are in a dilemma. This prompts the consideration that the experts must try to see the issue from the ground reality of food security and its beneficiaries. Undoubtedly, it’s a great and historical...

-PTI Describing the fresh poverty estimates of the Planning Commission as a "dishonest" attempt to conceal reality, CPI(M) today asked Prime Minister Manmohan Singh to shun these figures and urged him not to use these "FRAudulent" estimates to deny poor people of their right to BPL cards. In a statement, the party said even the recently released Household Amenities and Assets Census of 2011 shows the extent of poverty in different spheres...