ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Case for a Global Pension and Youth Grant

Given that global population projections indicate a manifold increase in the ageing population and that this is a group where poverty is highly concentrated, there is a case for setting up a global pension fund. Financial help should also be extended to another disadvantaged cohort - young people. How can such a fund be set up?

Microfinance Bill: Missing the Forest for the Trees

The Microfinancial Sector (Development and Regulation) Bill, 2007, which has attracted criticism on many counts, aims to ensure that NGOs use their social mediation skills to ensure financial intermediation. However, the bill's ambit is narrow and it fails to take major aspects of microfinance delivery into account

Capital Account Convertibility: A Neglected Consideration

In the debate on capital account convertibility, financial and macroeconomic objectives and constraints have been paramount, with much less discussion on the growth and development dimensions of CAC. This article focuses on one hitherto neglected aspect of first-order importance for long-run growth: the level of the real exchange rate or what might be called the objective of avoiding overvaluation.

Efficient Transfer of Funds for Centrally-Sponsored Schemes

The ongoing dispute between the union and state governments and among the states themselves regarding funds for centrally-sponsored schemes has severely affected the adoption of sound accounting and monitoring practices. It is essential to restore them in an amicable and acceptable manner. This article examines various issues concerning the accounting mechanism and attempts to develop a comprehensive systemic solution to the problems.

Caste and Religion in Punjab

The recent violence between Akali groups and the Dera Sacha Sauda in Punjab underscores the existence of a number of 'deras' in various parts of the state, which are but a manifestation of prevailing caste divisions and tensions. Dalits and other marginalised groups adhere to such deras for it promises them an alternative to mainstream, and in many respects, exclusionary Sikhism. Yet deras, especially in recent decades, have acquired strategic political overtones. This article looks at one such episode in Punjab's recent religious history.

What Does Budget 2007-08 Offer Women?

A closer look at the gender budgeting statement in the Union Budget 2007-08 reveals that programmes and allocations remain plagued by "mistakes", with several schemes wrongly prioritised as being exclusively for women. The fact that women have begun to figure in the annual financial exercise of the government is a laudable step, but there remains a need to prioritise women in all development schemes of the government.

Why Are Levels of Child Malnutrition Not Improving?

Results of the recently released third National Family Health Survey carried out in 2005-06 reveal that 46 per cent of India's children under three years are underweight. The NFHS-3 clearly shows limited progress in ensuring universal health services and care to children under three years of age (especially to newborns) and to mothers and women. Preliminary results confirm the continuing neglect of health, inadequate reach and efficacy of health and childcare services.

Khairlanji and Its Aftermath: Exploding Some Myths

The importance of Khairlanji lies in providing a clear illustration of the genesis, development and culmination of a caste atrocity. Khairlanji brings to the fore the irrelevance of dalit politics and politicians and rejection of them by ordinary dalits. But above all, Khairlanji helps dispel a number of myths - the myth that economic development does away with casteism, the myth of Maharashtra being a progressive state, the myth that there exists a significant progressive section of non-dalits that is against the caste system, the myth that dalits placed in the bureaucracy can orient the administration to do justice to dalits, and finally the mythology of 'bahujanwad' developed by the late Kanshiram and followed by other dalit leaders.

State of Play Six Years after Gujarat Earthquake

This article critically reviews the process of reconstruction of Kachchh district since the 2001 earthquake; it examines the urban development of Bhuj as well as the industrial development patterns adopted in rural Kachchh.

Living in Times of Fear and Hate

No authentic reconciliation is possible unless it is based on four components: (i) acknowledgement, (ii) remorse, (iii) reparation, and (iv) justice. None of these have taken place in Gujarat after the 2002 pogrom.

Broadcast Regulation and Public Right to Know

The question of how satellite television is to be regulated has been differently interpreted in India. The orthodox viewpoint of airwaves "belonging" to the public is one that is difficult to enunciate especially with regard to the principles of instrumentality and agency. While constitutional provisions ensuring "freedom of expression" remain open-ended on the matter of regulation, the debate itself has juxtaposed the interests of the television networks vis-à-vis the ministry of information and broadcasting, while the public, in whose ostensible interests the debate is being waged, remains entirely in the dark.

Second Industrialisation in India: Land and the State

Industry today faces an acute shortage of land to set up factories and it has to draw upon farm land. Because the very news of a proposed industrial project site breeds speculation of a boom in land prices, no one wants to sell. While there is no better agency than the government to acquire land for industry, protest is inevitable due to the logic of the situation. This is a classic case of the irresistible (industrialisation) dashing against the immovable (millions of peasants and artisans confined to their station). The knot can be broken by opening a window for the latter. This note shows how.

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