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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

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Latehar storm after Maoist lull-Ashutosh Bhardwaj

-The Indian Express The audacity of the Latehar ambush, which ended with Maoists implanting explosive devices inside the corpses of CRPF men, comes amid security forces’ claims that the rebels are a declining force. What was probably the cruellest ever assault on security forces came at a time police in several states were praising themselves for having contained Maoists. Over the last 14 months, Maoist violence had declined partly because they had...

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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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Rape fastest growing crime in the country -Manoj Mitta

-The Times of India Rape is a notoriously under-reported crime, thanks to its social stigma and because the culprits in most of the cases are known to the victim. Yet, of all the major crimes, the incidence of rape has registered the highest growth in the country in the last four decades. If there's one big issue raised by Nirbhaya's tragedy it is the high incidence of rape and a low conviction...

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Govt may miss rural electrification target due to difficult terrains-Debjoy Sengupta

-The Economic Times The government is likely to miserably fall short of its rural electrification target for the current fiscal as most villages that were to be covered under the scheme are located in difficult terrains, making it difficult for the Rural Electrification Corporation (REC) to lay power lines there. Officials from Rural Electrification Corporation, the nodal agency for implementing the scheme, say many of the villages that were to be supplied...

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