-The Economic Times The government plans to directly transfer money to the bank accounts of cooking gas customers even if they do not have Aadhaar identification. The rollout will start with a pilot project in Andaman and Nicobar Islands by April, and will be extended to the rest of the country in a year. The oil ministry will also seek Cabinet approval to end the sale of subsidised kerosene and proposes to transfer...
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Policies goad Indian farmers to suicide: Civil society-Ashok Kumar
-One World South Asia Reducing incomes, stagnating yields, increasing costs of cultivation, fragmenting of land-holdings and reducing of institutions credit facilities plot the graph of farmers' suicides in India. A national consultation and public hearing on framers' suicides being organised by Action Aid in the capital brought together experts and policy critics to evaluate the progress of government initiatives to respond to the ongoing agrarian crisis. Suicides are only one extreme symptom of...
More »Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya
-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...
More »Decontrol sugar and set free the farmers
-The Economic Times The government must decontrol sugar, lift curbs on trade in molasses and allow proper markets to function in this sector. Ill-informed would-be saviours of farmers like Gen V K Singh oppose the move. They only serve to fatten liquor barons like the late Ponty Chadha and depress farm incomes. As an article by Nidhi Nath Srinivas (ET, November 22) points out, wily politicians use control to make the sugar...
More »Wal-Mart India unit suspends CFO, others
-Reuters The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of US anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment. Wal-Mart, the world's largest retailer, said last week it has opened internal inquiries or investigations into bribery allegations in Brazil, China and India, which follows an earlier probe in...
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