-The Economic Times Congress is hoping to reap political dividends from its move to provide direct cash transfer to the Beneficiaries of welfare schemes just as it believes it did in the previous elections from the rural employment guarantee scheme. Rural development minister Jairam Ramesh, who, along with finance minister P Chidambaram, was deputed by the party to explain the details of the ambitious scheme on Tuesday, termed the initiative "a...
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Zee denies charges, terms arrests of editors an attack on press freedom
-The Hindustan Times Two senior journalists of Zee news channel were arrested in New Delhi on Tuesday on charges of trying to extort Rs. 100 crore from Congress MP Naveen Jindal's group for not doing news reports on coal scam linking his firm. The arrests on charges of extortion came following the registration of a case about 45 days ago on a complaint filed by Jindal's company with Delhi Police's Crime...
More »Poor turning poorer as food prices zoom
-One World South Asia South Asia’s households fall into poverty as the result of higher food prices as food prices increase. According to the latest Food Price Watch, global food prices increased 10% between June and July 2012 with staples such as wheat increasing 25% in the period. The crisis continued affecting food and nutrition security throughout South Asia. Bad weather, trade curbs, oil prices and bio-fuel diversions have all led to...
More »Bihar govt to probe in misuse of Rs 5,900-cr NREGA funds
-Rediff.com Bihar Rural Development Minister Nitish Mishra on Monday ordered an inquiry into the allegations that nearly 73 per cent of the funds allotted for implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in 38 districts of Bihar, between 2006 and 2012, have been embezzled by authorities "The department will inquire into the corruption and will conduct physical verification of all facts related to the scheme," Mishra said. The Bihar government...
More »Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya
-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...
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