Forget the rhetoric, the FM’s left little for core social sectors The Union finance minister’s enthusiasm in marking the roadmap to financial discipline and pushing reforms in Budget 2010 is somehow missing in his proposals for inclusive growth. These proposals lack the required homework—in referring to relevant literature, including some recent government reports, and in making estimates of the required funds—and certainly do not reflect much commitment to inclusive growth. Agriculture—which...

HRD ministry and states can be happy as 13th Finance Commission has been the most generous for elementary education allocating Rs 24,068 crore for Sarva Shiksha Abhiyan to all the states for the next five years. It has also fully accepted the demand for grants made by the HRD ministry. Even though funding for Right to Education has not been worked out, the Commission recognises that more funds will be...

While the government is grappling with a huge fiscal deficit and hence large borrowings to fund key social sector schemes, staggering sums of up to Rs 1 lakh crore in a year out of the money allocated to various ministries remained unspent between 2005-06 and 2007-08. Unspent provisions of Rs 100 crore each or more alone totalled Rs 59,000 crore in these years, according to the Comptroller and Auditor General....

As minister of statistics and programme implementation, Sriprakash Jaiswal should have the data to quantify how much money can buy. On Tuesday, making yet another pitch for increasing the annual local area fund for MPs, he said: “With prices soaring, Rs 5 crore — what we are seeking — would (be) equivalent to the Rs 2 crore given ten years ago.” His ire was directed at the Planning Commission for...

Each night, as temperatures continue to plunge and Delhi shivers through its coldest winter in the last decade, a few more people lose their lives on its streets. The people who succumb to the cold include rickshaw-pullers, balloon-sellers and casual workers, the footloose underclass of dispossessed people who build and service the capital city of the country and yet are forced to sleep under the open sky. They die because...