-The Hindu Professor Sen will receive £7,500 to commission a work of art and will give the annual Charleston-EFG Keynes Lecture at the Charleston Festival in the UK Economist and Nobel laureate Amartya Sen has won the newly instituted Charleston-EFG John Maynard Keynes Prize. "In the spirit of John Maynard Keynes' work, life and legacy, this new global prize recognises Professor Sen's outstanding contribution to society," a release accessed here said on Monday. Regarded...
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A fuel’s errand -Santosh Mehrotra
-The Indian Express The finance minister plans to scrap the supply of subsidised kerosene through the public distribution system (PDS) and high time, too. To begin with, why has the kerosene subsidy needed reform for decades and yet reform never materialised? Kerosene obtained through the PDS, being cheaper, is used to adulterate diesel and petrol. Kerosene leakages in the PDS are estimated to be 40 per cent of total allocations. The diversion...
More »India Hits Its UN poverty-Cutting Target, but Misses Others -Vibhuti Agarwal
-The Wall Street Journal Blog India is on track to cut poverty in half by the end of this year, compared to 2000 levels, but needs to do more to improve education and empower women, a United Nations report said Wednesday. In 2000, India along with 189 member countries of the United Nations charted out an ambitious agenda - the Millennium Development Goals, or MDG - to free millions of people from...
More »Merge MGNREGA with DBT
-The Financial Express Given that the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is now a decade old, and there have been repeated allegations of it being a breeding ground for corruption, a thorough review of it is called for. Though Nitin Gadkari's plan to limit the scheme to the poorest districts and to change the amount reserved for labour payments did not go down well when he was the...
More »Rural reach -Amita Sharma
-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...
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