-The Financial Express Notwithstanding ‘serious differences’ among its members, a parliamentary panel reviewing the National Food Security Bill, 2011, will submit its report to the Lok Sabha Speaker on Wednesday. The government aims to introduce the Bill in the forthcoming Budget session of Parliament. FE had reported last month that the panel would submit its report by mid-January. The 31-member panel, chaired by Lok Sabha MP Vilas Muttemwar, had been examining the Bill...
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Govt to test cash transfer waters for food-Basant Kumar Mohanty
-The Telegraph The Centre is poised to launch a pilot project to study the delivery of food subsidy through direct cash transfer, a proposed system that civil society groups feel will end up inconveniencing the poor beneficiaries. The food and consumer affairs ministry will start the pilot scheme in the six Union territories next month, a top government source told The Telegraph. Now, households buy food grains at subsidised rates (called the “central...
More »'Gujarat among states with poorer Muslims'-Prasad Nichenametla
-The Hindustan Times Gujarat may have a small Muslim population but the state, according to the Planning Commission, contributes significantly to the high incidence of poverty among the community nationally. In the 12th Plan approved by the National Development Council, the plan panel lists Gujarat along with UP, Bihar, West Bengal and Assam as the states accounting for high urban and rural poverty ratio among Muslims. “Poverty ratio for Muslims was 33.9%...
More »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...
More »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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