-The Times of India The government is moving rapidly to enable cash transfers through the Aadhar platform with 51 districts to be covered by January 1, 2013, and half the country four months later — a bid to rollout an initiative aimed at streamlining subsidies while also earning votes. The plan is to put money directly into bank accounts of beneficiaries of government schemes like scholarships, cheap food under the Public Distribution...
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60 lakh more BPL people will come under pension plan -Prasad Nichenametla
-The Hindustan Times In an attempt that could help UPA 2 tide over the anti-incumbency factor and yield political dividends in 2014, the rural development ministry is proposing to cover 60 lakh additional below-poverty-line (BPL) people under its pension schemes. The proposals, including enhanced pension payouts, would cost the central exchequer an additional Rs. 9,500 crore. The recommendations of a committee under the ministry, if accepted, would add to the 260 lakh beneficiaries...
More »The World Bank’s misdiagnosis-Himanshu
-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...
More »The truth behind NaMo’s numbers -Ajay Umat
-The Times of India In a recent election rally, Gujarat chief minister Narendra Modi advised Prime Minister Manmohan Singh, one of the country's top economists, to follow the Gujarat model of development , to cure the country of its ills. "Mr Prime Minister, if you try to follow the path of Gujarat state, the condition of the country will be transformed." Modi, who is projecting himself as the champion of economic...
More »States Must Give Property Rights to Slum Dwellers: Maken
-Outlook Newly-appointed Minister of Housing and Urban Poverty Alleviation Ajay Maken today said the state governments would be asked to issue an executive order to provide property rights to slum dwellers till the Model Bill on the issue is passed. Soon after taking charge of the ministry today, Maken told reporters that a Model Property Rights to Slum Dwellers Bill, 2011 will be passed at the earliest and the states would be...
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