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It will not stop at Rs 60,000 crore by Soumya Kanti Ghosh

How economically sustainable is food subsidy? The cost could even be double of what the government estimates Food deprivation and malnutrition are completely unacceptable and everything has to be done to eliminate such an evil. The prevalence of malnutrition in a country like India is in itself a cause for serious concern since malnourished children may jeopardise India’s favourable demographic dividend (as per independent estimates, close to 60 per cent of...

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Long on Aspiration, Short on Detail by Sujatha Rao

The recommendations of the Planning Commission’s High Level Expert Group on Access to Universal Healthcare are significant because they make explicit the need to contextualise health within the rights. However, the problem with the report is that it does not ask why many of the same recommendations that were made by previous committees have not been implemented. The HLEG neither recognises the problems, constraints and compulsions at the national, state...

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Rural India loses steam: Demand for tractors, agriculture machinery, durables decline as income falls, prices rise

-The Economic Times   In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda.  Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...

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2G windfall for social sector by Gaurav Choudhury

The Supreme Court verdict cancelling all the 122 telecom licences that jailed former telecom minister A Raja had issued to eight firms in 2008 has unexpectedly opened up a new window that can help the government earn up to Rs 75,000 crore. The revenue raised from the fresh auction of spectrum freed up after last week's SC ruling will come as a welcome relief for the government that has been struggling...

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Budget 2012: Finmin seeks to blur plan-non-plan distinction by Devika Banerji & Deepshikha Sikarwar

The Planning Commission and the finance ministry are at odds over the accounting of plan and non-plan schemes in the budget.  While the finance ministry is pushing for inclusion of more than 10 non-plan schemes in the planned budget for the next financial year, the Planning Commission is resisting the move as it would eat into the share of existing schemes. The commission's reluctance follows an expected cut or flat allocation...

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