-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
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Rethinking IP think tank -Latha Jishnu
-Down to Earth Government sidelines its committee of experts to set up new panel to review India's intellectual property rights policy The politics of protecting intellectual property rights (IPR) is becoming more curiouswith the commerce ministry setting up a think tank to draft a national IPR policy while sidelining a committee of experts it had set up earlier. Annoyed academics who were asked to help formulate the policy in July this year...
More »KFC, Sagar Ratna rice unsafe, HC told -Soibam Rocky Singh
-The Hindustan Times Two popular restaurant chains, KFC and Sagar Ratna, are serving rice dishes that have been found to be "unsafe" due to the presence of harmful artificial colouring, the Delhi government's food safety department has said in a report submitted to the high court. The "unsafe" dishes mentioned are fast-food giant KFC's Rizo Rice served at its restaurant at Scindia House in Connaught Place, and some rice recipes from South...
More »Over 400 farmers have committed suicide in Telangana since its formation -M Suchitra
-Down to Earth National Human Rights Commission has sought report from the state The K Chandrasekhar Rao government in Telangana seems to have failed to deliver on its promise of reforming the crisis-ridden farm sector in the state. Unofficial figures suggest that more than 400 farmers have committed suicide in the past six months. Telangana, the youngest state in the country, came into existence on June 2 this year. Rao and other leaders...
More »Where are the jobs? -Devinder Sharma
-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
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