-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer? State-Wise 40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore) 20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out 55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...
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Oil That Never Caught Fire -Pragya Singh
-Outlook A scheme to credit kerosene subsidies to beneficiaries’ accounts flopped real big in Rajasthan Dharamvir Chaudhary’s fair price shop in Kot Kasim, Rajasthan, is deserted. A year ago the tehsil played host to an experiment by the government: residents were asked to buy kerosene—a fuel most of India’s poor use to cook and light lamps—at market price (Rs 50 a litre) from shops like Dharamvir’s. People were promised that the...
More »Subsidy schemes could delay direct cash transfer plan -Banikinkar Pattanayak
-The Financial Express The massive scale and complexity of major subsidy schemes are likely to delay the ambitious plan of limiting state subsidy on food, fertiliser and petroleum products only to the poor by directly transferring cash to their bank accounts using a unique identity number (Aadhaar). While other cash payments like pension, scholarship, wage under rural job guarantee scheme can be transferred directly to the beneficiary’s bank account, it is difficult...
More »Rich Economy, Poor Management -Pranab Bardhan
-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...
More »'Cash transfer for BPL not feasible'
-Deccan Herald Cash transfer for public schemes is a “terrible lie”, said activists at a meeting held at Jantar Mantar on Wednesday. Communist Party of India (Marxist) leader Brinda Karat said that if one compared India with African countries, India would beat them in terms of poverty. “The government is not willing to tax business tycoons and is making the common man suffer by cutting down subsidies,” she said. Karat added that her...
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