-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...

-The Hindu The clean-up of the plant is pending due to legal disputes Thirty years after India's worst industrial disaster in Bhopal, contamination owing to the leakage of poisonous gas from the Union Carbide pesticide factory continues to affect residents. The leak of 40 tonnes of methyl isocyanate on the intervening night of December 2 and 3, 1984, killed thousands of people in its immediate aftermath and continued to kill people in the...

-IPS News SUNDARBANS: November is the cruelest month for landless families in the Indian Sundarbans, the largest single block of tidal mangrove forest in the world lying primarily in the eastern Indian state of West Bengal. There is little agricultural wage-work to be found, and the village moneylender's loan remains unpaid, its interest mounting. The paddy harvest is a month away, pushing rice prices to an annual high. For those like Namita Bera,...

-The Hindu Business Line The Centre has adopted a pragmatic approach to cooking gas subsidies The reintroduction of the direct benefits transfer scheme for the supply of cooking gas, after its withdrawal in March this year, is a welcome signal that subsidy targeting is back on the policy agenda. Unlike its UPA avatar, cash transfers will now be based on LPG consumers providing their bank account numbers, rather than Aadhaar numbers, to...

-Economic and Political Weekly The current regime seeks to reform labour laws with the understanding that these reforms will improve industrial growth and expand the possibilities of enterprise. However, there is already ample evidence from within India that this obsession with reforming labour law, particularly in the way the government has done it till now, will not take us any closer in creating more jobs or a healthy industrial sector. These...