Cash sops no magic bullet: Jairam

  • Abhijit Patnaik, Hindustan Times, New Delhi
  • |
  • Updated: Nov 17, 2012 02:36 IST
  • Shah Rukh, Katrina, Vir Sanghvi

    In conversation with Vir Sanghvi, actor and producer Shah Rukh Khan and actor Katrina Kaif during the first day of the Hindustan Times Leadership Summit ...

  • William S Cohen

    William S Cohen, president and CEO of The Cohen Group, US Secretry of Defence 1997 - 2001, during the first day of the Hindustan Times ...

  • Suhel Seth

    Suhel Seth during Shahrukh Khan and Katrina Kaif's session on the first day of the Hindustan Times Leadership Summit in New Delhi. HT/Raj K Raj

  • Boris Becker

    Former Tennis player Boris Becker after the interview, on the first day of the Hindustan Times Leadership Summit in New Delhi. HT/Raj K Raj

  • Katrina Kaif

    Katrina Kaif, actor in conversation with Vir Sanghvi, senior journalist, during the first day of the Hindustan Times Leadership Summit in New Delhi.   HT/Ajay Aggarwal

  • Shah Rukh Khan

    Shah Rukh Khan, actor in conversation with Vir Sanghvi, senior journalist, duing the first day of the Hindustan Times Leadership Summit in New Delhi. HT/Ajay ...

  • Manish Tewari

    Manish Tewari during the Hindustan Times Leadership Summit at Taj Palace in New Delhi. HT/Ajay Aggarwal

  • Rajeev Shukla

    Rajeev Shukla during the Hindustan Times Leadership Summit at Taj Palace in New Delhi. HT/Ajay Aggarwal

  • Shah Rukh Khan and Katrina Kaif

    Shah Rukh Khan and Katrina Kaif during the first day of the Hindustan Times Leadership Summit in New Delhi. HT/Sanjeev Sharma

  • Dr Amory B Lovins

    Dr Amory B Lovins, co-founder, chairman and chief scientist of Rocky Mountain Institute during the last session of Day 1 of Hindustan Times Leadership Summit ...

Subsidies delivered through cash transfers are no magic bullet to fight poverty. It’s only a better delivery mechanism — whether through cash transfers or Aadhar cards — that the government has adopted to make the welfare schemes more effective and to check misuse of funds.

Now, states needed to build the education and health sectors and improve connectivity and create a network of institutions, such as panchayats and women’s self-help groups, union rural development minister Jairam Ramesh said at the 10th Hindustan Times Leadership Summit in New Delhi on Friday.

For this, he said the need for public-private partnerships (PPPs) in the social sector was crucial.

Faster economic growth has given rise to new kinds of poverty in India. Ecological degradation has led to the impoverishment of communities dependent on forests for their livelihood. More than 70% of healthcare costs in rural areas are out-of-pocket expenses.

While India has achieved much success in achieving the Millennium Development goals of reducing poverty and improving other social indicators, such as the infant mortality rate, a lot remains to be done.

According to the National Health Family Survey (2005-06), 40% of children under 3 years old are underweight and one in every three malnourished children in the world lives in India.

In this context, does the state have any role in reduction of poverty? “In my mind, that is an unquestionable yes," said Abhijit Banerjee, professor of economics at MIT.

So shouldn't the many centrally sponsored schemes be shut down in the interest of efficiency?  Banerjee asked. “Well, schemes are hard to close down, because behind every scheme, there are schemers," said Ramesh, with the audience erupting into laughter.

India's public health system has collapsed: Jairam Ramesh  | Politicians must give up their business interests: ex-Thai PM | Full coverage: HT Leadership Summit 2012 | Watch it live

 

Other related stories:
'Upgrade trade, but take care to minimise the pain'
'India should embrace technology, modern retail'
'Policies should let new firms challenge incumbent players'
Remedies to overcome 'testing' times
Fans get money's worth at toll plaza
PM's Pak trip will boost ties: Mani Shankar Aiyar

Economic order in for change
Relying on renewable energy can make us oil-free: Lovins
Cancer battle not impossible to win
‘No stopping Indo-Asean block in trading sector’
Small town youngsters to script Indian cricket's future: Kapil

 

also read

India's public health system has collapsed: Jairam Ramesh

blog comments powered by Disqus