-PTI NEW DELHI: Congress president Sonia Gandhi on Tuesday rolled out the ambitious and "game-changer" food security scheme in Delhi, Haryana and Uttarakhand after party leaders attacked Narendra Modi and the opposition for the delay in passage of the bill in Parliament. Unveiling the scheme by handing over food grain packets and Aadhar-based smart cards to 12 women beneficiaries in the capital, she lauded the UPA government for bringing "revolutionary changes" in...
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Understanding the poverty line-Mihir Shah
-The Hindu What it signifies, what it does not tell us and what it will definitely not be used for Great shrillness has marked the current furore over the Planning Commission's latest poverty estimates. No surprise, therefore, that understanding and wisdom have flowed in an inverse proportion. Surprising and sad, however, is the fact that some political leaders have at times spoken in a manner deeply hurtful to the aam aadmi and...
More »Use Aadhaar and EMV both for retail payments
-The Economic Times An RBI-appointed panel of bankers will decide on the appropriate technology for retail payments in a month. And the choice is reportedly between Aadhaar, the biometric-based unique identity system, and EMV, a globally accepted technology standard for credit card, debit card and ATM transactions, used by Visa and MasterCard. This is baffling. Why should it be one technology standard or the other? Both Aadhaar and EMV should co-exist...
More »What we need is not a food security Bill but a hunger elimination Act -Arvind Virmani
-The Times of India In the decade or so that i was at the Planning Commission, i always had advisory responsibility for the food ministry/public distribution system, among other issues of development policy. It did not take very long to find out that the fundamental problem with the system was about so-called "leakages" abetted by corruption: One soon learnt that the Food Corporation of India (FCI) was one of the most...
More »PF set to cover all pay, not jut basic pay -Sidhartha
-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...
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