-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

-The Hindustan Times Bhopal: Year 2012 was designated as the year of mathematics in India. However, children in Madhya Pradesh have turned poor in basic arithmetic last year. In 2011, 44.7% children enrolled in Class 5 were able to solve simple two-digit subtraction problems. This proportion declined to one-third (34.1%) in 2012. These, and other similar findings, are the conclusion of Annual Status of Education Report (ASER 2012), facilitated by NGO...

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

-Outlook Opposing direct cash transfer and FDI in retail, Chhattisgarh Chief Minister Raman Singh today said inordinate delay in decision making and complicated procedures for statutory clearances were hurting the country's economy growth and investor sentiment. He told a meeting of National Development Council (NDC) here, chaired by Prime Minister Manmohan Singh, that the 12th plan has been made on "patronage model" and impinges on the autonomy of the states by making...

-The Hindu To address the rights issue and the skewed sex ratio, girl child-friendly policies get an extra thrust in the 12 Plan document, to be approved formally by this month-end The 12 Plan document of the Planning Commission, to be formally approved this month-end, has recommended setting up of a high level inter-ministerial committee on ‘Care and Protection of the Girl Child’ which will constitute the institutional mechanism for mobilising and...