-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...

-The Hindu WHO, UK Health Protection Agency and the International Commission on Non Ionizing Radiation Protection do not support the BioInitiative Report conclusions The recently released BioInitiative Report 2012 (BIR-2012) on standards for electromagnetic radiation is a perfect clone of a similar report published in 2007. According to many responsible agencies it is biased and unscientific. BIR-2012 claimed that the evidence for risks to health from wireless technologies and electromagnetic fields (EMFs)...

-The Times of India JASHPUR (Chhattisgarh): It's a cold, windy morning in Thuthiamba village in the interiors of Jashpur district and Basanti, 20, is clutching her one-year-old son close to her chest for both warmth and comfort. She is ravaged by the thought that the child will grow up never knowing who the father was. Basanti was just 12 when she was taken to New Delhi for domestic work by a woman...

-The Telegraph The Centre is poised to launch a pilot project to study the delivery of food subsidy through direct cash transfer, a proposed system that civil society groups feel will end up inconveniencing the poor beneficiaries. The food and consumer affairs ministry will start the pilot scheme in the six Union territories next month, a top government source told The Telegraph. Now, households buy food grains at subsidised rates (called the “central...

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...