The World Bank has suggested sale of excess public land in Indian cities to fund infrastructure projects. Collaborating with the India Development Foundation and the Public Private Infrastructure Advisory Facility , the World Bank has formed a steering committee headed by Vijay Kelkar, chairman of the 13th finance commission, to formulate a proposal on monetizing excess public land. Earlier this month, the bank's India director Roberto Zagha Patricia Annez met stakeholders,...

In a significant move, prominent economists on Monday made a forceful plea to delink food entitlements from the “faulty” poverty measures put out by the Planning Commission. Asserting that under-nutrition was much more widespread in the country than income poverty “however defined,” the economists sought restoration of the universal Public Distribution System (PDS) “as the best way forward'' in combating hunger and poverty. “This is not only feasible within the available fiscal...

A week after the Planning Commission submitted to India’s top court an affidavit on its assessment of who the poor are, several leading economists have urged the government to delink food entitlements from what they call “faulty” poverty measures. Last week, in an affidavit to the Supreme Court, India’s apex planning body said the spending threshold per capita for the poverty line was Rs.32 per day (per person) in cities and...

-The Times of India   Chairman of the Unique Identification Authority of India (UIDAI) Nandan Nilekani has said that the unique identity programme or 'Aadhaar' should not be viewed as "a technologically complicated and purposeless activity". "The programme has much wider and scalable applications for ensuring effective and efficient delivery of public distribution system (PDS) and welfare services," he said while delivering the inaugural speech at the launch of the Pune International Centre...

Mulling It Over     100% FDI allowed in pharma sector through automatic route     Seven top Indian firms have been acquired by MNCs in the past six years     Fear of price rise in generic medicines if MNCs control market     Health, commerce ministries want FDI to go through approvals     PMO meeting key ministries next month to take a decision *** Prime Minister Manmohan Singh has always been firm in reminding domestic industry that their fear...