-The Indian Express Unhappy over the Planning Commission attempt to convert flagship schemes of the Union Ministry for Rural Development from Centrally-sponsored schemes to additional Central assistance schemes, Minister Jairam Ramesh has shot off a strongly-worded letter to Montek Singh Ahluwalia, Deputy Chairman of the commission.   Apprehending that such a move will transfer the financial control of schemes such as MGNREGA and PMGSY to the Finance Ministry, Ramesh in his letter said,...

-The Times of India Come July and you will have cash equivalent to your cooking gas subsidy in your bank account, marking the biggest shift in delivery of handouts which could help government curb leakages and reduce the strain on public finances. The switch is part of the ambitious three-phase deadline set by Prime Minister Manmohan Singh to make the "kind-to-cash" transition based on the Aadhaar numbers. At a meeting chaired by Pulok...

-Outlook Mumbai: Seeking to corner the opposition on Maharashtra's irrigation scam, the Nationalist Congress Party demanded today that a white paper should cover functioning of all irrigation corporations in the state since its inception during the Sena-BJP government. Addressing a press conference, NCP spokesman Nawab Malik said that the Krishna Valley Development Corporation, Konkan Irrigation Development Corporation (KIDC), Tapi Irrigation Development Corporation (TIDC), Vidarbha Irrigation Development Corporation (VIDC) and Godavari Marathwada Irrigation...

-The Times of India The government is set to step up its push for cash transfer of subsidies and adopt it as a policy doctrine in the run-up to elections, with two pilot projects validating the assumption that it would lead to significant savings for the government while enhancing benefits for users. A pilot project for cooking gas in Mysore run by state-run oil companies saw the number of connections dropping 40%...

-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....