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Transfer of power

This budget season, Finance Minister Pranab Mukherjee is stuck juggling multiple imperatives. Big social-sector schemes are soaking up money; yes, the economy is rebounding, but growth needs careful watching; the fiscal deficit is widening, feeding inflationary fears; and, as usual, every ministry wants more money. It doesn’t surprise much, therefore, that the finance ministry is looking for ways in which government expenditure can be managed better. One giant hole has...

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UID to be Punjab’s ‘adhaar’ to take on oil, LPG mafia by Sukhdeep Kaur

As the murder of Malegaon additional collector Yashwant Sonawane, allegedly by the oil mafia, once again highlights the illegal diversion of public distribution system (PDS) kerosene to the open market and industrial units, Punjab seems to have found its answer in Nandan Nilekani’s UID scheme, Adhaar. This March, as the state begins an enrollment drive to give its estimated 2.8 crore population a unique 12-digit identity, the number will also provide...

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Food inflation is no mystery by Soma Banerjee

If you thought only onion made headlines and governments fall, here is some more food for thought. The retail prices of brinjal soared 110% and those of tomato by 125% between the first weeks of November 2010 and January 2011, while the rise in crude oil paled in comparison, climbing about 12% in the same period. While import-dependent economies are struggling to keep their fiscal math in shape with crude...

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No fuel subsidy cut: Reddy

Maharashtra govt launches a massive crackdown on mafia. Two days after Additional Collector Yashwant Sonawane was killed after he intercepted the adulteration of petroleum products, the Maharashtra government launched a massive crackdown on suspected adulterators in the state. Raids were carried out at over 200 locations across Maharashtra and the police have arrested some 180 people. At the Centre, the government announced measures to prevent the adulteration of auto fuels with cheaper...

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A Light in India by David Bornstein

When we hear the word innovation, we often think of new technologies or silver bullet solutions — like hydrogen fuel cells or a cure for cancer. To be sure, breakthroughs are vital: antibiotics and vaccines, for example, transformed global health. But as we’ve argued in Fixes, some of the greatest advances come from taking old ideas or technologies and making them accessible to millions of people who are underserved. One area...

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