-The Times of India When the PMO was finalizing the direct benefit transfer (DBT) scheme in October using Aadhaar as the basic platform, at least three other agencies suggested they could implement the new plan equally well. The home ministry's NPR plan prompted the government to divide the work of issuing ID cards in two segments, shrugging off the department of financial services' suggestion that banks and debit cards could be used...
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Fall in word and spirit-Rudrangshu Mukherjee
-The Telegraph It is the time for West Bengal to create landmarks. First, the denial of a rape; second, the arrest of an academic for circulating a cartoon; third, a public circus with the winners of the Indian Premier League; fourth, the mimicry of the prime minister on television; fifth, the announcement of sop after sop even though the state is bankrupt; sixth, the announcement in the hills of being “rough...
More »The Jobs Challenge: From Analysis to Action-Christopher Colford
-World Bank Blog The enormity of the global job-creation challenge is underscored in a comprehensive new analysis by the International Finance Corporation, which issued a wide-ranging Jobs Study at a recent IFC forum on the urgency of the unemployment crisis. More than 200 million people are now unemployed worldwide – with another 1.5 billion people only marginally employed, and with an additional 2 billion working-age adults neither working nor seeking a...
More »Dismal economic data adds to government’s woes
-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
More »Aadhaar: LPG subsidy leaves more questions than answers-Nemmani Sreedhar
-The Hindu Authorities have not come clear on the subsidy money and the time required for processing Hyderabad: The ongoing process of linking Aadhaar card and bank account with LPG gas connections is throwing up questions that defy answers. While the authorities point out that the subsidy money will be credited to the customer’s bank accounts directly, the question as to how much money will be returned and the time required for...
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