-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...

-The Times of India Come July and you will have cash equivalent to your cooking gas subsidy in your bank account, marking the biggest shift in delivery of handouts which could help government curb leakages and reduce the strain on public finances. The switch is part of the ambitious three-phase deadline set by Prime Minister Manmohan Singh to make the "kind-to-cash" transition based on the Aadhaar numbers. At a meeting chaired by Pulok...

-The Business Standard The government needs to be braver with cash transfers On October 20, Prime Minister Manmohan Singh is scheduled to launch the first major step in integrating the Unique ID, or Aadhaar, with government welfare schemes. The event is supposed to take place in Dudu, a town in Jaipur district in Congress-ruled Rajasthan. The presence of Congress President Sonia Gandhi also seems to suggest that the United Progressive Alliance...

-The Business Standard Cabinet decisions on fertiliser are not enough Of the two fertiliser-related decisions taken by the Cabinet Committee on Economic Affairs at its recent meeting, the token hike of Rs 50 per tonne in urea prices is inconsequential, and the new mechanism for subsidising fertiliser is problematic. An increase of less than one per cent in urea prices will do little to bring down the subsidy bill or to reduce...

-Outlook The aim of achieving food security across the globe will become increasingly elusive unless countries take into account the planet's nature-based services into agricultural and related planning, said a report released by the United Nations Environment Programme today. Safeguarding the underlying ecological foundations that support food production, including biodiversity will be central if the world is to feed the seven billion people, climbing to over nine billion by 2050, according to...