-Live Mint   In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most opinion polls rate Narendra Modi as the front-runner in the 2014 general election....

-The Business Standard   Study also says MGNREGA workers spent almost 21 minute less in collecting each payment made electronically compared with manual transfer Even as the United Progressive Alliance (UPA) government has put on hold its ambitious unique identification (UID) code-linked cash transfer programme, a study by noted economists Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar shows that leakage of funds allocated for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)...

-The Business Standard Since the United Progressive Alliance (UPA) government decided to put on hold the Aadhaar-based subsidy transfer for domestic liquefied petroleum gas (LPG), questions have been raised about the future of one of Congress' most ambitious initiatives aimed at plugging leakages. Two months after the government move, a pioneering study by economists Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar showed leakages dropped 12 per cent when smart cards were...

The share of total expenditure on medical and healthcare is comparatively higher for an average rural citizen than his/her urban counterpart, reveals the latest available National Sample Survey Report (68th Round) entitled Level and Pattern of Consumer Expenditure 2011-12.   Although an average urban Indian spends nearly 84 percent higher than his/her rural counterpart in a month, the share of total outlay on medical expense* is higher in case of the...

-The Business Standard Hailstorms may cause Rs 12k-cr crop damage, El Niño a bigger worry India's hope rally will be at risk if El Niño actually strikes this year. Even if a reformist government comes to power in May, global weather forecasts seem to suggest India is faced with the prospect of an erratic rainfall, as a result of the waters of the Pacific Ocean warming (known as the El Niño effect). It...