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Old diet, new recipe-Sebastian PT

-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's bank account in lieu of rice, wheat,...

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Reduce defence budget, fund toilets: Jairam Ramesh

-The Times of India Even as his drinking water and sanitation department tied up with DRDO on Thursday to set up bio-digestor toilets in 1,000 village panchayats across the country, Union rural development minister Jairam Ramesh could not resist taking a couple of jocular swipes at the huge annual funds allocated to the defence ministry. Just the cost of a single Rafale fighter — MoD is finalizing the acquisition of 126 of...

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KV Thomas, Union minister for consumer affairs, food and public distribution interviewed by Nitin Sethi

Union minister for consumer affairs, food and public distribution KV Thomas tells Nitin Sethi that it makes better sense to distribute stocked foodgrain to people of the country than subsidise exports. Possible spread of drought that the government is looking at... At the moment, monsoon rainfall is 23% below the long term average. But we have to wait another 15 days to know the full situation. We had discussion in the presence...

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World's super-rich hold $32 trillion in offshore tax havens

-Reuters Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.  The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.  The...

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Our democracy must empower voters-Prashant Bhushan & Atishi Marlena

-The Hindu Instruments that permit people to vote directly on policy and to initiate legislation can ensure that the citizen’s voice is heard   Independent India has been a large-scale experiment in democracy. Unlike many other nations that gained independence from colonial rule but descended into dictatorships and military rule, India has remained a democracy, despite its size and diversity. While we pride ourselves on this achievement, we also need to reflect more...

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