-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...
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Developing countries object, climate talks flounder -Amitabh Sinha
-The Indian Express Lima: The climate talks at Lima were on the brink of collapse on Saturday after two attempts to push through watered-down proposals were rejected by developing countries, forcing the head of negotiations to summon the delegates for an extra day of work. The two-week-long negotiations were supposed to have ended on Friday evening with a decision on the kind of climate actions that countries could take in order to...
More »Black money: ₹4,500 cr lying in bank accounts abroad, says SIT
-The Hindu Business Line Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court. The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that...
More »No conditions apply -Renana Jhabvala
-The Indian Express Cash in the hands of the poor can transform their lives. With bank accounts and an Aadhaar card for all becoming a reality, it is possible to Transfer money directly to the poor and check middlemen who siphon away funds. Cash Transfers (CTs) come in many forms. They may be conditional or unconditional, selective or non-selective, targeted or universal. Some types of CT are as susceptible to misuse as...
More »Aadhaar woes for Assam -Pankaj Sarma
-The Telegraph Guwahati: Apart from Tripura and Sikkim, enrolment for Aadhaar cards remains very low in the northeastern states, with Assam at the bottom of the list. According to figures available with the Unique Identification Authority of India (UIDAI), which handles the Aadhaar project, as on November 30, 2014, the percentage of enrolment against the total population was abysmally low in Assam - 0.3 per cent. The trend is not much better in...
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