-Hindustan Times As per prevailing international prices, the expected subsidy on kerosene sold through the public distribution system in the current financial year is zero. India is expected to save Rs.35,758 crore on kerosene and cooking gas subsidies this year, which is over 91% of the total budgeted fuel subsidy for 2020-21, mainly because of low international oil prices, according to two officials who asked not to be named. As per prevailing international...
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Experience with GST holds valuable lessons for One Nation One Ration Card -Varad Pande & Subhashish Bhadra
-The Indian Express If done well, One Nation, One Ration Card, could lay the foundation of a truly national and portable benefits system that includes other welfare programmes like LPG subsidy and social pensions. The economic crisis precipitated by COVID-19 has focussed the country’s attention on inter-state migrants. Millions of Indians in this diverse, complex group have crossed state borders in search of better economic opportunities. The crisis, however, has highlighted their...
More »A bridge to nowhere -Sakina Dhorajiwala & Jean Dreze
-The Hindu Poor people are running from pillar to post as the Aadhaar payment bridge routinely obstructs their welfare benefits Perhaps you will remember “l’affaire Airtel” — the mass diversion of LPG subsidies to Airtel wallets that came to light in 2017. Many of the wallets were unwanted, or even unknown to the recipients. Those affected, fortunately, included millions of middle-class Airtel customers who protested when the goof-up emerged. The subsidy money...
More »Aadhaar's $11-billion question -Jean Dreze & Reetika Khera
-The Economic Times blog Word has it that World Bank economists use “obviously fabricated” data from time to time. These are not Sitaram Yechury or Medha Patkar’s words, but those of Paul Romer, former chief economist of the World Bank, in a recent email exchange reported by Financial Times. Romer retracted them later, but this “may not end the controversy”, as The Economist mildly put it. This is not the first time...
More »Do not force bankers to do Aadhaar seeding: bank officers' body
-The Hindu Business Line AIBOC questions legality of mandating UID linking of accounts Coimbatore: The All India Bank Officers’ Confederation (AIBOC) wants Aadhaar seeding of accounts put on hold till the Supreme Court comes out with a clear directive. “The government should make it clear to the people that the seeding of Aadhaar is voluntary and not mandatory,” said D Thomas Franco, General Secretary, AIBOC. He said the Aadhaar Act of 2016 was meant...
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