-The Indian Express   Pranab Mukherjee should use his waking hours to signal bold reforms Until a few years ago no one really thought that governments could go bust. But the deepening sovereign debt crises of Europe have now persuaded us that governments can go bust if their debt levels cross a certain danger mark. What is that danger mark remains a matter of research by economists around the world. Some studies have concluded...

The Nandan Nilekani-headed Unique Identification Authority of India (UIDAI) is set to replicate, at the national level, Jharkhand's success in disbursing money to people at their doorsteps. On Tuesday, the UIDAI launched its unique identification or Aadhaar-based platform to link public Entitlements to Aadhaar-linked bank accounts. It would mean that governments would be able to directly deposit subsidies into the bank accounts of beneficiaries of schemes such as the Public Distribution System, old-age...

As minister for rural development, Jairam Ramesh oversees the largest spending in the social sector by the government. This includes the marquee Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) that was pioneered by the Congress-led United Progressive Alliance in 2006. The minister, an alumnus of the Indian Institute of Technology and the Massachusetts Institute of Technology, is known for his forthrightness. In a typically candid interview to Mint on...

Home minister P Chidambaram has written to Prime Minister Manmohan Singh, requesting him to call a Cabinet meeting to sort out differences between North Block and Planning Commission that threaten to scupper the ambitious programme. "I request that you may kindly instruct the Planning Commission to immediately bring a note to the Cabinet that the cabinet secretariat to list the note before the Cabinet so that a final decision can be...

A study questions the efficacy of conditional cash transfer schemes in promoting the girl child. IN an attempt to address some of the serious imbalances in society, specifically the gender imbalance, the Central and State governments have embarked on several short-term conditional cash transfer (CCT) schemes in the past decade and a half. While the Central government is convinced about the efficacy of the schemes aimed at arresting the distorted sex...