There is no case whatsoever to construct a single poverty line based on a calorie or expenditure norm; all such lines are arbitrary and do not take into account the different dimensions of poverty. It is far better to focus on disaggregated information on a variety of parameters – education, housing, clothing, health, etc – which can give us unambiguous information about the different facets of poverty over the course...

75% of the youth. Every third student. 65% of all families in Punjab are in the throes of a sweeping drug addiction. With little or no hope in sight. THE RAILWAY barrier in Angarh, a locality in the border city of Amritsar in Punjab signals the end of too many things. The rule of law. The reign of sense. The fear of crime. The signs of normality. Even the divisions of...

Experts agree that the economic and environmental costs of interlinking India's rivers far outweigh its projected benefits. Some people believe it is the one-stop solution to prevent floods and droughts, reduce water scarcity, raise irrigation potential and increase foodgrain production in the country. But others say it is just another grandiose scheme involving huge costs and leading to long-term ecological consequences. The contentious idea of interlinking India's rivers has come...

The Budget provides proof of the United Progressive Alliance government having forgotten the importance of its own “flagship schemes”. BUDGET 2012-13 provides conclusive proof that the United Progressive Alliance (UPA) government has lost its way. It has managed the remarkable feat of upsetting almost everyone and making no one happy. The Budget is highly regressive in both taxation and spending terms and will raise prices of essentials, so aam aurat and...

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...