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Large returns expected from Aadhaar project

-The Pioneer Integrating unique identification number project “Aadhaar” with various social sector schemes like rural employment guarantee programme and PDS would yield rich dividends for the government according to cost benefit analysis study done by National Institute of Public Finance and Policy (NIPFP). “After taking into account all the costs, and making modest assumptions about leakages, the study finds that the Aadhaar project would yield an internal rate of return of 52.85...

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Push for cash transfers via Aadhar platform

-The Times of India The government is moving rapidly to enable cash transfers through the Aadhar platform with 51 districts to be covered by January 1, 2013, and half the country four months later — a bid to rollout an initiative aimed at streamlining subsidies while also earning votes. The plan is to put money directly into bank accounts of beneficiaries of government schemes like scholarships, cheap food under the Public Distribution...

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A futures shock from FCI-Devinder Sharma

-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

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Combine Harvesters set to thicken Delhi's Smog

Since early November, Delhi and large parts of North India have been enveloped in a thick, grey smog, sparking concerns and a debate on what is leading to the rising levels of air pollution. A January 2012 paper by Ridhima Gupta from the Indian Statistical Institute, Delhi is drawing linkages between the quality of air in the capital and agricultural practices during harvest season on farms in the neighbouring state...

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A Delhi particular

-The Economist MID-AFTERNOON in Delhi, and a red blob looms in the haze. The sun barely illuminates the city. A yellow-green smog hangs low. Even indoors, fuzzy halos of dust and smoke surround lamps. Those foolish enough to be out jogging, or compelled to stand at junctions directing traffic, complain of shortness of breath, migraines, clogged lungs. Newspapers are crammed with articles about asthma, wheezing children at clinics, an epidemic of...

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