-The Hindu Miscreants opposing panchayat polls torch houses, schools; ethnic clashes trigger exodus Guwahati: At least 12 persons including three women were killed — 10 persons in police firing and two in ethnic clashes between Rabha and non-Rabha groups in Rabha Hasong Autonomous Council (RHAC) areas in southern Assam’s Goalpara district on Tuesday. The clashes have triggered huge exodus of people from the affected and nearby villages. Fleeing villagers have taken shelter in...
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EPFO to include 'AAA' rated corporate bonds in portfolio-Raj Kumar Ray
-The Indian Express The Employees' Provident Fund Organisation is set to widen its investment horizon by including 'AAA' rated corporate bonds of any private company in its portfolio following a clean chit from Crisil, a move that can open up a window for blue-chip corporates to raise about Rs 35,000 crore through long-term debt papers annually. Crisil, which was appointed by EPFO to advice on investment portfolio, has said that none of...
More »Street vendors of Delhi unite to protest against "police terror"
-The Hindu Demand institution of murder charge against the Mumbai ACP Vasant Dhoble The street vendors of Delhi launched a nation-wide campaign against “police terror” on Sunday, demanding that the police be made accountable to the public. Under the umbrella of the National Association of Street Vendors of India (NASVI), they formed a human chain at Parliament Street to demand institution of murder charge against the Mumbai Assistant Commissioner of Police (ACP) Vasant...
More »Fertile farmlands vanish in Cauvery delta as realty deals entice farmers -A Srivathsan
-The Hindu Farmers are opting for the real estate option due to poor agricultural conditions Pushed by unsettling agricultural conditions and pulled by lucrative real estate deals, farmers across the famed and fertile Cauvery delta in Tamil Nadu are selling their lands to real estate developers. In Amma Chatram, Marudhanallur, Tirunageswarm, Mathur, and in a host of other villages in Thanjavur and adjacent districts, farmlands are being converted to residential plots at...
More »The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
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