-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
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Overhaul brakes on insurance scheme for poor -M Saraswathy
-Business Standard Sector players await government's decision on future of Rashtriya Swasthya Bima Yojana The government-sponsored Rashtriya Swasthya Bima Yojana (RSBY) is set to undergo a overhaul with a proposal to have only public general insurers manage the scheme through a trust-like structure. Sources said the bids that would have been considered for new contracts have been left unopened as the stakeholders are awaiting the government's decision on its future progress. A senior public...
More »Enough cereals, but need to import oil, pulses: Centre to Supreme Court
-PTI NEW DELHI: The Centre has told the Supreme Court that though the country has become self sufficient in production of cereals, it is dependent on imports to bridge the gap between domestic production and demand of edible oil and pulses. Responding to a PIL on increasing farmer suicides in the country, the Ministry of Agriculture said in an affidavit, "India has not only ensured self-sufficiency in most of the agricultural crops...
More »Politics over crop loss: Cong accuses Modi of somersault on farmers’ issues
-The Times of India NEW DELHI: A strong political fight has erupted between the government and the opposition parties over providing relief to farmers suffering crop loss due to unseasonable rains and hailstorm. Hours after Prime Minister Narendra Modi accused the opposition of spreading lies on the land acquisition bill, Congress hit back and accused Modi of somersault on farmers' issue. Ahmed Patel, Political Secretary to Congress President Sonia Gandhi, said farmers...
More »Scam stains famed Chhattisgarh PDS, systemic loot runs into crores -Parivesh Mishra
-FirstPost.com Raipur: Amid Prime Minister Narendra Modi's aggressive pitch for growth and denouncement of the policy of handouts in the pre-general election campaign last year, Chhattisgarh's model of Public Distribution System (PDS) stood out as a shining and welcome misfit. The BJP showcased Chief Minister Raman Singh model of PDS as its answer to the Congress' Food Security Act. Besides the Gujarat model, this was the only model that found mention...
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