U.N. report says this will consolidate the region's economic recovery Even in crisis, Asia-Pacific still the fastest-growing region Increased social spending directly supports income security for households A United Nations report has called upon governments in the Asia-Pacific region to increase social spending to consolidate the region's stronger than anticipated economic rebound and to spur over the long term a fairer, more balanced, and sustained economic recovery. The Economic and Social Survey of...
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Medicines bought in bulk by govt can help cut costs by Subodh Varma
By spending just Rs 6,000 crore, the government can make a huge dent in the treatment of all sick people across the whole country — currently, people are spending as much as Rs 25,000 crore on buying essential medicines. This was the strong message sent out from a National Consultation organized by several civil society groups at New Delhi on Tuesday. Officials of the health ministry and the Planning Commission...
More »Ensure long run for food coupons by Shanto Ghosh
SINCE THE RELEASE OF THE ECONOMIC Survey, 2010, in February, much has been discussed — but far less debated — on the issue of substituting India’s public distribution system (PDS) with a food coupon-based targeted subsidy programme to benefit the below-poverty-line (BPL) families. As a leading proponent of this programme, the economic adviser to the finance ministry, Kaushik Basu, has gone on record advocating the use of food coupons declaring...
More »Assam tea estate goes organic by Subir Bhaumik
Visitors making their way along the muddy track leading to the Gossainbarie tea estate in India's north-eastern Assam state will be greeted by huge mounds of cow dung, rotting water hyacinth, as well as and fish and meat waste. But this is no cause for alarm - the tea-estate has gone organic and is following the principles of India's ancient plant medicine Vriksh Ayurveda. "This is our fertiliser because we don't...
More »Bitter truth: Sugar goes missing from PDS shops by Santosh K Kiro
At Rs 34 a kg, sugar is bitter for some 29 lakh BPL families who haven’t received a grain of the sweetener at subsidised rate for over seven months now. Every BPL card-holder is entitled to a monthly quota of 1.12 kg sugar from PDS shops at Rs 13.50 a kg while the price in the open market is Rs 34 a kg. Streamlining the public distribution system (PDS) during his tenure,...
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