Prime Minister Manmohan Singh today said rising prices of fuel were a reality Indians needed to deal with as any more subsidies in the oil sector could destabilise the economy. The comment came days after Mamata Banerjee, his biggest ally at the Centre, warned that her Trinamul Congress would quit the ruling UPA if prices of kerosene, diesel and cooking gas were raised. Asked what he thought of the Bengal chief minister’s...
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Education is a magic wand, Manmohan Singh tells children at RTE campaign
-PTI "Education gave me a new life.... It is a magic wand that can help us meet any challenge." This was Prime Minister Manmohan Singh's message to students as Union HRD Minister Kapil Sibal rang the School bell in this nondescript town in rustic Mewat region, marking the launch of the year-long 'Shiksha Ka Haq Abhiyan' campaign to create awareness about the Right To Education (RTE). The Prime Minister's message was read out...
More »For rich or for poor? by Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
'Food subsidy is a massive burden…if so much is spent on subsidies, what is left for development?' agriculture minister Sharad Pawar recently asked. It is a legitimate question that is on the minds of many but seldom gets asked for fear of appearing callous. Are we prematurely trying to be a welfare State? In the developed world, safety nets like food stamps are regarded as humanitarian obligations toward the poor....
More »Shun Maoists, you will get all, Mamata tells Purulia residents by Ananya Dutta
West Bengal Chief Minister Mamata Banerjee told the people of the Maoist-hit areas of Purulia district on Friday that “you shall get whatever you ask for, provided you don't support the Maoists.” “You shall have colleges, Schools, hospitals, stadia, sports academies and even a medical college. Whatever you ask for, we shall provide it. But you must make only one promise — you will not support the Maoists,” she said, addressing...
More »Banks should lead the war on poverty by MS Swaminathan
At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
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