-The Hindu Direct Benefits Transfer is potentially a game-changer, but with certain pre-requisites: Mihir Shah Planning Commission member, Mihir Shah, speaks to The Hindu about a wide range of issues, including the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and his contribution to the 12 Five-Year Plan. Excerpts: * The MGNREGA has come under criticism from many quarters, including the CAG. Do you feel this criticism is warranted? How do you...

-The Hindu Equating juveniles with adult criminals is neither scientifically correct nor normatively defensible The August 31 verdict of the Juvenile Justice Board (JJB) in the Delhi gang rape case, handing down a bare three-year custodial sentence to the juvenile member, has generated a fresh round of debate on the legality and desirability of juvenile justice itself: why should juveniles above 16 indulging in violent crimes not be treated as adult criminals?...

-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...

Bihar Government's programme of distributing bicycles to school girls may be a modest intervention but is leading to big changes. A new research-based paper, brought out in August 2013, corroborates the success of the programme and testifies that it is leading to improved school enrollment of girls and arresting their dropout rates (See links below to read full paper and earlier studies on the subject).   Based on econometric and statistical models,...

-PTI President Pranab Mukherjee on Friday gave his assent to the Pension Bill, which provides for investment of funds in equity market and opens the sector to up to 26 per cent FDI. The long-pending Pension Fund Regulatory and Development Authority (PFRDA) Bill was passed by Parliament on September 6. "The PFRDA Bill, 2013 has received the assent of the President of India," an official statement said. The legislation provides subscribers a wide choice...