Cash transfer as substitute for state service provision is a dangerous recipe for callously anti-poor and corrupt governance. THE staggering number of recent articles, papers and books on the virtues of giving cash in place of public services to the poor has created an impression that a sort of epidemic has broken out. Economists, policymakers, bureaucrats and newspaper commentators are all infected by it and are in turn infecting others. The central...

What can make a real difference to food prices is determined international action to increase food production in regions that are richly endowed with land and water resources High food inflation has been the source of major concern in India for more than a year. Soaring food prices have been the cause of unease internationally as well. A Food and Agriculture Organisation (FAO) press release of 3 March, 2011 indicates that...

High food prices prevented more than 19 million people in the Asia-Pacific region from lifting themselves out of poverty last year, the United Nations said in a new study released today, warning that soaring food and fuel inflation will keep large sections of the region’s population below the poverty threshold. The assessment by the UN Economic and Social Commission for Asia and the Pacific (ESCAP) says that rising food prices can...

Union home minister P Chidambaram may consider UP as a block in India's development but the state contributes 30% in the national food basket, whereas it constitutes 16% of the land and 18% of the population. The good news is that the food share this year is all set to increase further with wheat harvest expected to be over 300 lakh metric tonnes. UP is country's top wheat producer and this...

The Power Ministry plans to impose huge penalties of over Rs 1 lakh per day on industries that fail to achieve energy efficiency targets under the three-year Perform, Achieve and Trade (PAT) programme starting April 1. PAT, which aims to increase industrial energy efficiency, is expected to bring down energy consumption by 5 per cent, amounting to an avoided capacity of over 5,600 MW over the three-year period. There would be strict...