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Reading between the Poverty Lines -Srijit Mishra

-Economic and Political Weekly   The proposed Rangarajan method on measurement of poverty in India borrows elements from three earlier methods - those of Alagh, Lakdawala and Tendulkar. An important departure in the Rangarajan method is to compute the poverty line commodity basket by combining items from two fractile groups to address the relatively higher expenses for some essential non-food items. This, while being statistically plausible, poses a behavioural dilemma, as there...

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New drug era -Shamnad Basheer

-The Indian Express Prime Minister Narendra Modi's US visit is likely to throw up highly contentious intellectual property rights issues. Indeed, for the last several years, US drug majors and their European counterparts have lobbied hard to demonise the Indian patent regime. But the government must continue to defend the law and stand its ground. Particularly since our own industrial moguls have caved in and are less vocal about their opposition...

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Will the ‘Jan’ get their ‘Dhan’? -Akansha Yadav & Sowmya Kidambi

-The Hindu Business Line   Opening bank accounts in rural areas is all very well, but biometric frauds are a serious possibility The ambitious Pradhan Mantri Jan Dhan Yojana (PMJDY) aims at bringing millions of rural Indians within the financial mainstream by opening bank accounts. In 2006, the Reserve of India, recognising that a majority of rural Indians had little or no access to banking services, allowed banks to use third-party, non-bank agents...

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Won't raise allocations under food law: Govt

-The Business Standard Says increase in the subsidised foodgrain allocation will put pressure on the food subsidy bill Union Food Minister Ram Vilas Paswan on Tuesday said the government has no plans to raise subsidised foodgrain allocations under the National Food Security Act (NFSA) from 5 kg to 7 kg a person a month. Under the Act, each eligible person gets 5 kg of rice at Rs 5 a kg or wheat at...

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Nod for project to computerise PDS -T Ramakrishnan

-The Hindu Chennai: After deliberations internally and with the Union government for months, the Tamil Nadu government has taken another step towards end-to-end computerisation of the public Distribution system (PDS) by floating bids to select a system integrator. The firm chosen will have to implement a computerisation project. It has to design, commission and operate and maintain a solution, besides managing it for five years. The database for the system will be...

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