-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....

-The Hindu A day after the Union Government rolled out cash transfer for subsidies and entitlements, Jan Sansad, a coalition of more than 60 people’s movement, rejected it for being “anti-people”. Terming the scheme “an attempt by the government to wash off its hands from the responsibility to provide basic services and social security to its citizens”, the coalition said direct cash transfer will have disastrous impact on the lives of the...

-The Indian Express The UPA has long been planning a shift to direct cash transfers for poor households, with a view to replacing the 3.23 lakh crore worth of unwieldy subsidies currently in place. Last year, the then finance minister Pranab Mukherjee had spoken of the famously inefficient food and fertiliser subsidies, and of a comprehensive overhaul through cash transfers. Now, that plan has been fleshed out further. The prime minister...

-MoneyLife.in If you were wondering why most of the recent major cases of corruption have not been exposed by opposition parties, especially the BJP, now you have the answer: they are all in it together. I am ready for any inquiry,” repeated Nitin Gadkari on every television channel where he brazenly defended the dubious shell companies and land allotment that propelled the growth of his ballooning ‘social entrepreneurship’. The irony is that Nitin...

-Pratirodh.com Biometric data based 12 digit Unique Identification (UID)-Aadhaar Number linked welfare schemes is being bulldozed with 2014 elections in mind with the ulterior motive of altering voting behavior of the citizens by creating a ‘universal identity infrastructure’ linked to ‘unified payment infrastructure’.   Ahead of next parliamentary elections, with the launch of 21st crore UID-Aadhaar Number and Aadhaar Enabled Service Delivery (AESD) on October 20, 2012 contemptuously ignores Parliament, Parliamentary Committee,...