-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...
More »SEARCH RESULT
No conditions apply -Renana Jhabvala
-The Indian Express Cash in the hands of the poor can transform their lives. With bank accounts and an Aadhaar card for all becoming a reality, it is possible to transfer money directly to the poor and check middlemen who siphon away funds. Cash transfers (CTs) come in many forms. They may be conditional or unconditional, selective or non-selective, targeted or universal. Some types of CT are as susceptible to misuse as...
More »Suicide attempt no longer an offence -Aman Sharma
-The Economic Times NEW DELHI: An attempt to commit suicide will no longer be an offence as the Home Ministry has decided to delete the provision from the statute Book. This is despite concerns from some states that they will be handicapped from stopping persons who resort to threatening the government by sitting on fast until death or self immolation to press for their demands. The Home Ministry said on Tuesday that...
More »This farmer grows 11 crops on 6 acres -Rishikesh Bahadur Desai
-The Hindu Nidoda Vaijanath, who follows an integrated farming model, keeps himself updated by reading, consulting scientists Bidar (Karnataka): How many crops can you grow on six acres? For this enterprising farmer from Bidar, the answer is 11. Nidoda Vaijanath of Kamathana village also keeps cows, buffaloes and sheep and also has a mini-poultry farm. His farm has small patches covered with fig, cashew, ginger, watermelon, lime, mosambi, drumstick, brinjal, coriander, mango and curry...
More »Cash transfers can work better than subsidies -Guy Standing
-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
More »