-The Economic Times NEW DELHI: For the beleaguered UPA government, here are some words of praise. The flagship rural employment guarantee scheme has comes in for praise from the World Bank, five years after it described the programme as "policy barrier" to economic development and poverty alleviation. The World Development Report 2014 has described the Mahatma Gandhi National Rural Employment Guarantee Act as a "stellar example of rural development". At the heart...
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Poverty Trends in India 2004-05 to 2009-10 Updating Poverty Estimates and Comparing Official Figures -Utsa Patnaik
-Economic and Political Weekly A comparison of the consumption expenditure and associated nutritional intake data for 2009-10 with that of 2004-05 shows worsening poverty in terms of the percentage of people unable to reach the minimum required calories energy intake through their monthly spending on all goods and services. This result must be seen in the context of neo-liberal policy, the financial crisis and consequent global recession affecting export production, the...
More »Indian job-guarantee scheme reduces child malnutrition
-University of Oxford Babies in a rural area of India are less likely to suffer from acute malnutrition where their families are taking part in a job-guarantee programme to provide work with a guaranteed wage, an Oxford University study has found. However, the Indian government programme appears to have no effect on long-term malnutrition. While wages earned through the scheme helped families avoid starvation when seasonal agricultural jobs were in short supply, many...
More »Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
More »How Chhattisgarh managed to achieve and look beyond roti, kapda and makaan-Raman Singh
-The Economic Times I have often been asked how Chhattisgarh manages the contradictory pulls of sound fiscal health and welfare schemes. How did we manage to roll out food and nutrition security to not just the most needy among us but to almost the entire population of a state that has had a history of malnutrition and neglect, without jeopardising Chhattisgarh's finances? As finance minister for the last eight years, I have...
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