-The Times of India Crest The biggest hurdle for the DCT programme is the identification of the poor. The "gamechanger" announcement of the UPA 2 government on Direct Cash Transfers (DCT) for 45 schemes has generated much debate through the week with opinions flying around faster than money can get electronically transferred. At the heart of it, the idea of this proposed DCT is unexceptionable. Existing programmes where government transfers money to...
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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...
More »Cashing in-MK Venu
-The Indian Express The UPA’s cash transfer scheme — delivering over Rs.3.2 lakh crore in subsidies and welfare programmes to the poor, directly to their bank accounts — has raised fears in many quarters about the capacity of a rickety state apparatus to cope with messy implementation issues. Our collective self-confidence about being able to implement any new policy is so low today, we seem to be paralysed by the mere...
More »Socialism, Cash Down-Uttam Sengupta and Arindam Mukherjee
-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer? State-Wise 40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore) 20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out 55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...
More »Cylinder Blast -Lola Nayar
-Outlook The cap on subsidised LPG has the UPA regime worried Something Cookin’ There’s definitely going to be a relook at the six-subsidised-cylinders cap Fear that LPG could cause a replay of the “onion impact” on 2014 polls Pressure from all parties for increasing number of subsidised cylinders Central government keen that states too share burden of extra cylinders But that could be tricky when discussing Centre-state revenue-sharing Cylinder Pricing Subsidised cylinders...
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