Last week, a group of 40 economists wrote an open letter to United Progressive Alliance (UPA) chairperson Sonia Gandhi arguing for cash transfer as a mode of delivery for the proposed National Food Security Act (NFSA). The letter was carried in detail in several newspapers including Mint. The good thing is that there is now almost a consensus, at least among economists, that whatever be the mode of delivery of subsidy,...

-Express News Service   In its bid to push for the inclusion of secondary education till Class 10 under the Right To Education (RTE) Act, the HRD Ministry in its proposal to be placed before the Central Advisory Board of Education (CABE) meeting next week, has cited examples from around 85 countries ranging from the US to Djibouti and Palestine that have extended the years of compulsory education. It also talks about...

The concept of “a ubiquitous magic plastic” that bring out the unique in a living person has caught the fascination of most of us. An unpopular government sees in it the ability of cutting a long red tape short to correctly identify the genuine citizens in need. The agonised cops of India see in it a great ally to apprehend the much-wanted terrorists, whose biometric data could now be verified...

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...