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Development Versus Growth by Bibek Debroy

This book discusses a new poverty agenda for Asia and the role of social policies in economic transformation and reducing poverty. The poverty-reduction agenda is well known. So is the debate over poverty. No one disputes the fact that poverty of income (or expenditure, as countries such as India do not collect household data on income) is an imperfect measure of poverty, as there are non-income dimensions, too. Consequently, we...

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Farmers feel left out by Latha Jishnu & Jyotika Sood

The budget is more concerned about the consumer than the grower A LOOMING food crisis in the world and high food inflation rates at home made Pranab Mukherjee’s proposals to boost agriculture in his 2011 budget more keenly watched than usual. These are factors that clearly weighed with the finance minister who repeatedly said that his principal concern this year has been the continuing high food prices. The squeeze on the...

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Job scheme raises water table

The Mahatma Gandhi National Rural Employment Guarantee scheme (MGNREGS) is bringing about a silent revolution in rural areas in this drought-prone district. The Prime Minister, Dr Manmohan Singh, inaugurated the programme in a remote village, Bandlapalli, in Anantapur district on February 2, 2006. Since then, the scheme has been providing employment to rural youth and checking migration from the district. About 700 residents in Malakavaripalli thanda in Tumula village panchayat in...

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High on rhetoric, low on delivery by Himanshu

Budgets are no longer statements of accounts or expenditure. In the contemporary context, they are to be seen more as a statement of intent, ambition, reform and politics of inclusion. If these are the parameters on which Budget 2011 is to be judged, it fails despite an implicit statement of intent. For a government which has been elected on the agenda of inclusion, even the statement of intent is not new....

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Of lucky numbers and others the FM can’t see by Biraj Patnaik

The Italian phrase "lascia il tempo que trova" (it leaves the air it finds) does a better job of describing Pranab Mukherjee's budget than India's corporate media would ever dare to do. To put it mildly, the budget this year, is yet again, an utter disappointment for the food and agriculture sectors. To begin with, flagship schemes like the midday meals and the Integrated Child Development Services did not, unlike in...

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