-The Guardian The global application of a fraudulent economic theory brought the west to its knees. Yet for those in power, it offers riches How they must bleed for us. In 2012, the world's 100 richest people became $241 billion richer. They are now worth $1.9 trillion: just a little less than the entire output of the United Kingdom. This is not the result of chance. The rise in the fortunes of the...

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...

-The Indian Express One of the earliest campaigners against genetically modified crops in Europe has publicly embraced the technology. Tendering an unconditional apology for his anti-GM activism, Mark Lynas has also come out in the open and criticised Indian activists and former environment minister Jairam Ramesh for their approach on the issue, asserting that the debate against GM crops was “over”. As environment minister, Jairam put the release of Bt Brinjal in...

-Pratirodh Bureau With the mercury plummeting, thousands of homeless people continue to bear the harsh winter in the absence of sufficient night shelters in Jaipur city.   A survey released by the People's Union of Civil Liberties (PUCL), which voluntarily monitors the condition of night shelters, claims that 40% of these shelters have improper bedding facility. Also, many poor are still spending night in the open due to sufficient shelters.   Here is the survey...

-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...