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Free run for the rent-seekers -Biswajit Dhar

-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...

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The jam in Delhi’s traffic experiment -Sriram Lakshman

-The Hindu A key to understanding the effect of driving restrictions on emission levels would be to analyse what substitutions citizens will make for private vehicle trips during restriction hours It will be an unusual start to the New Year for Delhi. The city will be subject to the much-discussed driving restrictions, according to which between 8 a.m. and 8 p.m. most private vehicle operators will only be able to take their...

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Direct cash transfers in agriculture gain ground -Sanjeeb Mukherjee

-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...

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The health-care crisis at our doorstep -PT Jyothi Datta

-The Hindu Business Line The Centre must act now as a year of medical mishaps across the nation comes to an end A little over three months ago, the country watched in horror when news unfolded of the death of a seven-year-old in Delhi from dengue and the subsequent suicide by his young parents. The harrowing experience of getting a simple thing like a bed in a hospital when you need it was...

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Cess proceeds in a black hole

-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...

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