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Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra

-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...

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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay

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...

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Kidney trade reaps grim harvest under police’s nose-Imran Gowhar and Afshan Yasmeen

-The Hindu Bangalore: The recent police crackdown in Ramnagaram on organ trading resulted in the arrest of a few middlemen, who were found to have lured donors to part with their kidneys for a pittance. But the arrests and investigations have not deterred the touts who run a thriving organ trade business right here, under the very nose of the city police. A team from The Hindu posed as relatives of a...

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MGNREGS: Fake and Fraudulent-Akash Bisht and Sadiq Naqvi

-Pratirodh.com The streets of the obscure town of Pandharkawda in Yavatmal district of Maharashtra have come to life. Hundreds of villagers crowd them for the weekly haat to buy their supplies of vegetables, spices, pulses and tobacco, while farmers throng shops selling seeds, pesticides, manure and farm commodities. Dressed in bright cotton sarees, women haggle with vendors. Even doctors, especially dentists, are having a busy day with long queues of patients...

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FDI in retail: Government agrees to a vote; Kamal Nath to meet Arun Jaitley, Sushma Swaraj today -Mala Das

-NDTV Officially, the UPA says it will abide by the Lok Sabha Speaker's decision on whether or not a discussion in the House on foreign direct investment in multi-brand retail will be followed by a vote. It seems, however, to be preparing for that vote and Parliamentary Affairs Minister Kamal Nath will meet the BJP's Sushma Swaraj and Arun Jaitley today to discuss modalities. The Manmohan Singh government had so far...

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