The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
More »SEARCH RESULT
Have government schemes failed Muslims?-Subodh Varma
-The Times of India Six years ago, the Sachar Committee reportshowed that the Muslim community in India suffers from severe deprivations in education, employment, health services, public infrastructure, access to financial services leading to much higher poverty than other religious groups, somewhat like the condition of scheduled castes and tribes. The government responded by setting up a separate ministry for minority affairs, and launching several programs to provide benefits to the...
More »Poverty amid prosperity -Atul Sood
-The Hindu While Gujarat’s GDP growth in the last two decades has been notable, it is not reflected in employment, wages, health or education There is a widespread belief that Gujarat is a shining star on the Indian growth horizon and that all other States would do a great service to Indian masses by emulating the model of development that Gujarat embarked upon under the stewardship of Narendra Modi. A recent study,...
More »Stop fresh investments in KG-D6: CAG -Sanjay Dutta
-The Times of India The Comptroller and Auditor General (CAG) has asked the oil ministry not to approve any more investments in Reliance Industries's KG-D6 oil and gas block till the company submits all records of its spending in the Andhra offshore field till 2011-12 for scrutiny. In a November 9 letter to the ministry, a top CAG functionary also suggested a similar action for the Panna-Mukta and Tapti (PMT) group...
More »As weather patterns get unpredictable, nations must start budgeting for natural disasters
-The Economic Times It's extreme weather season in Asia again. Deadly cyclones, blinding rain, floods and mudslides are becoming the norm from Nepal to Fiji. The world's policymakers must reflect on extreme weather patterns while budgeting their nations' finances. In Thailand last year's floods caused losses of $46.5 billion. Reconstruction costs will reach at least $50 billion, according to the government and UN's assessments. In Pakistan widespread flooding two years ago affected 20...
More »