Aid Recipient To Development Partner, India Grows Up

  Highlights  * UK’s Department for International Development to stop aid to India from 2015. * Majority of DFID money being spent on education, health in India. * New British policy recognises India as a partner in development rather than a recipient of aid.     India receives over $2 billion in aid annually, according … Continued

A Showman’s Battle With Dengue Highlights The Failings

When well-known Bollywood filmmaker Yash Chopra died in October 2012 of dengue, his death sparked panic among many in India’s commercial capital of Mumbai, particularly among the more affluent.   The Indian health system has been struggling to handle the surge in cases of dengue fever during the last four years. The number of deaths … Continued

Only 22 of 1,517 housing projects completed under JNNURM: CAG

Only 22 of the 1,517 housing projects approved under Jawaharlal Nehru National Urban Renewal Mission were completed by the due date of March 2011, the Comptroller and Auditor General has stated, while noting that the ministries of central government were “not equipped” to monitor a project of this magnitude. The report said that against an … Continued

Must slash current account deficit to 2.5%: Rangarajan

Prime Minister’s Economic Adviser Council Chairman C Rangarajan has said there is a need to bring down the current account deficit to 2.5 per cent over a period of time from over 4.5 per cent at present. He, however, pegged the current account deficit for the current fiscal at 3.5 per cent of the GDP…….Read More

Cash Transfers: Putting the cart before the horse?

While cash transfers are a sensible option for a country like ours, we do need to address various issues before implementing this scheme, else, we would run into certain contradictions as all these issues are intertwined and gigantic structures have been built that also involve political compulsions that cannot be separated. Unless we address them, … Continued

Dangerously Direct Transfers

There is a famous George Bernard Shaw quote.  “A government that robs Peter to pay Paul can always depend on the support of Paul.”  The problem is that Paul is the present generation.  And given opportunity costs of resources, Peter is the future generation.  There are two reasons why this is especially dangerous. First, once … Continued