-Frontline The Central government's proposal to hand over the supply of supplementary nutrition to NGOs in the name of "community participation" is surely an invitation for private profiteering on the back of this supposedly public scheme. ENSURING safe and healthy conditions for the reproduction of the population is obviously the most fundamental requirement of any society. So the progress of a society can be determined (and indeed is routinely judged) by the...
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Poverty has increased during period of economic growth, says economist
-The Hindu Chennai: India's economic boom in the first decade of the 21st Century coincided with an increase in the magnitude of poverty, economist Prabhat Patnaik said here on Saturday. "There has been a period of positive growth as far as the GDP is concerned. But during this period , there has been an increase in magnitude of absolute poverty," he said. "While the Planning Commission insists that proportion of population below...
More »Anti-tobacco group slam Mamata for 'smoke joke'
-IANS An anti-tobacco group on Thursday expressed shock over West Bengal chief minister Mamata Banerjee's joke asking people to smoke more, so more revenue could be garnered to compensate investors of the collapsed Saradha financial scam. "This is a great discouragement for those working in the area of public health," said Bhavna Mukhopadhyay, executive director, Voluntary Health Association of India. Mukhopadhyay said the West Bengal chief minister announced a 10% tax hike...
More »Slash subsidy, raise prices of diesel and LPG: Economic Survey
-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the...
More »Economic Survey: Focus on subsidy is Budget highlight: PwC
-MoneyControl.com The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of Targeted Public Distribution System (TPDS) and Direct Benefit transfer. “The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of...
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