I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...
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UN pushes for social schemes to protect poor at mere fraction of national wealth
The United Nations began laying the groundwork today for a global “social protection floor” that would guarantee food security, health services for all and old-age pensions, with a senior official stressing that all that is lacking is the political will for an initiative needing minimum investment. “Social security is a human right. We’ve forgotten that for a very long time, but roughly only 20 per cent of the global population has...
More »Team Nilekani to shape model for direct susbidy transfer
In a bid to check wasteful fuel and fertiliser subsidy and reach it to the intended beneficiaries , the government has set up a task force to suggest a suitable mechanism of direct transfer of subsidy to the consumers. The task force will be headed by Nandan Nilekani , Chairman, Unique Identification Authority of India ( UIDAI )) and has been asked to submit an interim report within four months....
More »Govt bites the bullet on subsidies by Sanjiv Shankaran
In a reformist move long recommended by various economists and panels, the government has set up a task force to create a way to directly transfer cash to the ultimate beneficiaries of various subsidy schemes, which are, at best, messy and, at worst, ineffective. The task force will be headed by Nandan Nilekani, chairman of the Unique Identification Authority of India. A pilot will be rolled out in the next four...
More »Skill training for 80,000 BPL youths by K Balchand
About 80,000 youths from Below Poverty Line families are to be imparted job-oriented skill training under the National Rural Livelihood Mission, though the programme is yet to be launched formally. The Union Ministry of Rural Development has approved 14 projects for skill training leading to placement in urban settings, at an estimated cost of Rs. 165 crore, to be executed through private-public partnership mode. The Centre will contribute 75 per cent of...
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