-PTI Congress President Sonia Gandhi today strongly pitched for utilising MNREGA to increase agricultural production, saying the flagship scheme can play a big role to usher in second green revolution in India. "I am of the belief that MNREGA has tremendous potential to increase agriculture production, which we have not been able to tap fully till date. There are many possibilities not only for creating community assets in villages but also providing...
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Arun Sundararajan, Professor of Information, Operations and Management Sciences at Stern School of Business, New York University interviewed by Uttam Sengupta
-Outlook Only 30 per cent of Indian households boast of having at least one member with a ‘portable identity’ like a Passport or a Driving License. Such an identity, points out the economist from New York, is necessary for access to institutions and credit, which is why the biometric based Unique Identification (UID) project is going to be a game-changer. An alumnus of IIT, Madras,, from where he obtained a B.Tech...
More »The great number fetish-Sankaran Krishna
-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...
More »A 'Cost-Benefit' Analysis of UID-Reetika Khera
-Economic and Political Weekly A cost-benefi t analysis by the National Institute of Public Finance and Policy of the benefits from Aadhaar integration with seven schemes throws up huge benefi ts that are based almost entirely on unrealistic assumptions. Further, the report does not take into account alternative technologies that could achieve the same or similar savings, possibly at lower cost. Reetika Khera (reetika.khera@gmail.com) is at the Institute of Economic Growth on...
More »NSS-Higher PDS Buys May Make Direct Cash Transfers Tough
-The Times of India Indian households purchased much more food items through the public distribution system (PDS) in 2009-10 than they did five years ago, the 66th National Sample Survey has indicated, raising doubts over the effectiveness of the government’s new direct cash transfer system over a large base. Greater penetration and higher use of the PDS will make it difficult for the government to eventually deliver the Rs 75,000-crore food subsidy...
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