• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

The common man is hit by the falling markets and rise in food prices (Business Line, April 1, 2008). It has been rightly pointed out in the editorial that programmes to increase the income of the poor need time-bound delivery mechanisms. According to 2004-05 data, 80 crore people fall below the international poverty level. The phenomenon of decrease in demand and increase in prices itself is an irony. Is the economy designed to create more crorepatis at the cost of ordinary people?

Decentralisation of power should not lead to corruption. The daily per capita consumption expenditure (DPCE) of less than $2 can be increased by concentrating development activities in the rural and urban areas and focussing on the needy.

T. V. Jayaprakash Palakkad

More Stories on : Letters | Economy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
System of Rice Intensification — Optimising production with fewer inputs

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line