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Show 'em the money -Josy Joseph

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...

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477 convicts in jails awaiting hanging, govt tells Rajya Sabha

-The Times of India As many as 477 convicts awarded death sentence are awaiting hanging in various jails across the country, the government told the Rajya Sabha on Wednesday. Maharashtra, which last month hanged LeT terrorist Ajmal Kasab in a secret operation after President Pranab Mukherjee rejected his mercy petition, has 50 convicts in its jails awaiting hanging, putting it third on the list of states with maximum number of convicts awaiting...

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Get TB drugs at shops free, govt to pay up -Durgesh Nandan Jha

-The Times of India In a move to curb multi-drug resistant tuberculosis cases caused mostly because of irregular medication, the government has decided that relevant medicines will be available for free at all chemist shops and corporate hospitals. The scheme will be rolled out across the country by next March. A patient, confirmed positive for TB by a qualified doctor, simply needs to register with the Revised National Tuberculosis Control Program (RNTCP). The...

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Open and shut-Ila Patnaik

-The Indian Express FDI in retail will bring competition to non-tradable services, and make Indian firms globally competitive India removed barriers to trade in goods in the 1990s. Removing protection brought global competition and raised productivity. But introducing global competition in services is harder. In certain services that are tradable, like legal or financial services, the removal of trade barriers can introduce competition and increase productivity. But these often involve complicated and...

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Myths of our making-Pratap Bhanu Mehta

-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...

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