-Outlook Burakha (Tripura): Rampati Debbarma, a 71–year-old tribal woman of Burakha village in West Tripura district today pressed her finger on a Aadhar-enabled micro-ATM to get her old-age pension in cash. Rampati is not alone, but hundreds of old-age pensioners of this village today collected their pensions in the same way with the help of Aadhar-enabled payment system introduced here today. "Earlier I used to walk about 10 km from my village to...
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Govt to switch to Cash Transfers to deal with an unwieldy subsidy bill -Siddharth & Surojit Gupta
-The Times of India The government is set to step up its push for Cash Transfer of subsidies and adopt it as a policy doctrine in the run-up to elections, with two pilot projects validating the assumption that it would lead to significant savings for the government while enhancing benefits for users. A pilot project for cooking gas in Mysore run by state-run oil companies saw the number of connections dropping 40%...
More »UPA hopes to reap dividend from Aadhar scheme -Rajeev Deshpande
-The Times of India In a significant moment for UPA-II's plans to make Cash Transfers a reform motif and a pro-poor vote hook, Prime MinisterManmohan Singh and Congress chief Sonia Gandhi will hand out Aadhar number 21 crore in the Rajasthan village of Dudu on Saturday. Situated some 60-odd km from Jaipur, Dudu will be the stage for the launch of a scheme integrating benefits like rural employment guarantee, pensions and state...
More »True Progressivism
-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
More »Cabinet clears way for direct transfer of fertilizer subsidy-Surabhi Agarwal, Aman Malik and Liz Mathew
-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...
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