-The Economic Times Prime Minister Manmohan Singh has taken charge of the UPA's initiatives to directly transfer welfare benefits and subsidies into individual Beneficiaries' bank accounts - a system that would plug the rampant leakages of funds earmarked for the poor via schemes such as NREGA on which the government spends over 3,00,000 crore annually. A new ministerial co-ordination committee under the PM would now fast-track the architecture for cash transfers while...

-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...

-The Times of India The Supreme Court, while answering the presidential reference on the 2G judgment, took note of the coalgate scam that stalled Parliament and said whatever be the mode of allocation of natural resources, it can never be a handout for private players. Justice JS Khehar agreed with the majority opinion of the constitution bench on the reference that auction could not be termed as the only constitutionally permissible mode...

-The Hindustan Times In the face of public outrage over a series of unpopular fiscal steps such as hike in diesel prices and cap on LPG, the government plans to come out with two feel-good initiatives — the food security bill and health cover for all. The UPA’s flagship National Food Security Bill would give 67% of the population (nearly 800 million people) a legal right to foodgrains at less than half the...

-PTI LUCKNOW: In a bid to improve its image, which was marred by the multi-crore NRHM scam, the Uttar Pradesh health department is set to launch a health guarantee scheme for children in the age group of 2-16 years. "The planning to launch the scheme is at final stages and we will be launching it soon. SP government is committed for the cause of poor and I am ensuring that all the...