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Serving up a better alternative for mother and child -Poongothai Aladi Aruna

-The Hindu The U.S. special supplement scheme for women, infants and children to prevent undernutrition is a model that India can learn from India’s economic growth over the last 15 years, and the growing size of the middle class, have become a source of attraction for international investors, especially in the retail food industry. However, the gap between the rich and the poor has only widened: nearly 40 per cent of the...

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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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PM clears rollout schedule, from Jan 1

-The Business Standard Full country coverage, in stages, by April 2014 UIDAI, FinMin given prime responsibility to work with ministries, states for national coverage The government today made its intention clear of exploiting an Aadhaar-based direct cash transfer system as a political plank in the next Lok Sabha polls, due in 2014. Prime Minister Manmohan Singh today cleared the schedule for implementation from January 1 of government subsidies and entitlements to beneficiaries...

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Cash transfer: PM to play UPA-2's trump card on Monday

-The Times of India The Prime Minister is expected to formally kick off cash transfer of subsidies and entitlements, one of the most ambitious policy initiatives of UPA-2, on Monday. The scheme for cash transfers is visualized as a game-changer for UPA-2, like NREGA was for UPA-1, and is expected to give rich dividends at the elections. Manmohan Singh is expected to set January 1, 2013 as the launch date for the...

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RBI Rules Out Introduction of Islamic Banking

-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...

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