-The Hindu Business Line Direct bank transfers plug leakages in food distribution, ensure better nutritional security New Delhi: Irrespective of teething problems encountered in places where it was launched as pilot, direct cash transfers are far more effective than food subsidy in reducing food insecurity and nutritional imbalances among the Indian population, a new report has shown. Currently, India spends ?1,45,400 crore — about 1.3 per cent of its GDP — to give...

-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...

-The Hindu The government could heed residents’ voices on redesigning the city Over the last few days, Delhi residents have been protesting against the government’s approval for felling over 14,000 trees in south Delhi. Faced with severe criticism, the National Buildings Construction Corporation, tasked with redeveloping half a dozen south Delhi colonies, on Monday assured the Delhi High Court that no trees would be cut for the project till July 4, which...

-TheWire.in Chennai: The Tamil Nadu Government has announced a ban on the use of plastics from January 1, 2019. This is a remarkable move aimed towards reducing the amount of plastic waste generated in the state. But is this enough to save the environment in the state? This announcement came barely a fortnight after the brutal killing of 13 people protesting against the Sterlite Copper unit in Thoothukudi. Sterlite Copper is one...

-PTI Consumption of honey, cheese rises: study Patna: Prohibition is making people of Bihar spend on good clothes and food with sale of expensive sarees rising by 1,751%, while Consumption of honey by 380% and that of cheese by 200% in the first six months of the ban, according to latest studies on the measure. The studies, conducted by think tank Asian Development Research Institute (ADRI) and government-funded Development Management Institute (DMI), also...