-The Economic Times DOHA: India faces the risk of devastating drought as monsoon rains are likely to have a shortfall of 70% in the years ahead, as climate change shakes up global weather phenomena, recent research and experts at a global conference said. The risk of adverse changes in global weather is aggravated by the fact that international efforts to act against climate change have been blocked by deep divisions among the...
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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 »Govt to launch UN-aided plan in 10 Naxal-infested districts
-The Economic Times The government will roll out a United Nations-assisted livelihood security programme in 10 Naxal-infested districts in a bid to tackle the growing influence of Maoist rebels. The rural development ministry, which has been spearheading the developmental approach to this Left-wing menace, has in collaboration with the United Nations Development Programme worked out a five-year plan to make markets work for the poor, ensure that state governments are more responsive...
More »States list manual scavengers as "dead" -Priscilla Jebaraj
-The Hindu Geeta Devi’s neat Hindi signature is written below her photograph – a shy-looking woman with a dupatta covering her head – in an affidavit duly notarised in Haridwar last month. Dehradun district resident Manju smiles out of the photograph on her affidavit, where she states she is just 36 years old. According to the government of Uttarakhand, both Manju and Geeta Devi are dead. After all, both women are manual...
More »RBI Rules Out Introduction of Islamic Banking
-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...
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