-The Hindu Business Line A government run by a bevy of economists with no sense of the ground reality made mistakes. Some really big ones As the new government settles down to tackle the myriad problems confronting it, it's worth taking a quick glance at the principal reasons for the spectacular unravelling of the UPA-2 government. A defining characteristic of UPA-2 was that it was led by an economist and supported by prominent...
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Finance, fertilizers and petroleum ministries to seek subsidy cuts-Sidhartha
-The Times of India NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...
More »Aadhaar, fuel hikes, LPG cap hurt us in Lok Sabha polls: Cong minister -Jayanth Jacob
-The Hindustan Times The Aadhaar scheme, touted as ‘gamechanger' by the UPA government, ended up hurting the Congress in the Lok Sabha polls, said outgoing Union food and consumer affairs minister KV Thomas. "The Aadhaar initiative, and the objective of linking welfare schemes with it, didn't find favour with the people. The decision was not appreciated by voters," Thomas told HT on the eve of the Congress Working Committee meeting on Monday,...
More »Smart cards cut fund leakage in MGNREGA by 12%: Study-Sanjeeb Mukherjee
-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)...
More »Aadhaar: Once allotted, you can never cancel it, reveals RTI-Vinita Deshmukh
-MoneyLife.in While Nandan Nilekani, former chairman of UIDAI, is busy fighting his election, he has left behind a dubious record of keeping the Aadhaar holders in the dark regarding access to their biometrics and other personal details by any private or public agency Now, it is from the horse's mouth. The office of the Unique Identification Authority of India (UIDAI) has admitted that information regarding biometrics and other personal details of...
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