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Short-Lived Relief -Lola Nayar

-Outlook The rot runs deep and cuts across states As expected, the farm loan waiver scam has hit the spotlight, with the Comptroller and Auditor General’s critical report being released in Parliament. Given the intense political grandstanding on display, many think this report (on the gaps in the implementation and monitoring of the Rs 52,275-crore scheme) has the potential to be a major political embarrassment for the UPA ahead of the...

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The Whole Truth On A Grain Of Rice-Uttam Sengupta

-Outlook An international row over a ‘world record’ “It’s 120 per cent fake,” Professor Yuan Long Ping (82), hailed as the father of ‘hybrid rice’ in China, had fumed last week in reaction to the claim that five farmers from Bihar had all individually grown more rice per hectare than the ‘world record’ of 19.4 tonnes per hectare in China—the best figure being 22.4 ton­nes. He would believe the claim, he...

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A walk on the wild side

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

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Scoring higher on education-Philip G. Altbach and Pawan Agarwal

-The Hindu Effective spending, reworking the affiliation system and breaking academic bureaucracy are key to better universities Although Indian higher education suffers from many dysfunctionalities and the system overall is characterised by “pinnacles of excellence in a sea of mediocrity”, it does reasonably well by some international comparisons. Here are a few examples: — India is a global leader in terms of GDP spent by public and private sources on higher education. India...

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The Doctor Only Knows Economics-Lola Nayar and Amba Batra Bakshi

-Outlook This could be the UPA’s worst cut to its beloved aam admi. Healthcare has virtually been handed over to privateers. Not For Those Who Need It Most Govt seems to have abandoned healthcare to the private sector Diagnosing An Ailing Republic     70 per cent of India still lives in the villages, where only two per cent of qualified allopathic doctors are available     Due to lack of access to medical care, rural India...

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