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Socialism, Cash Down-Uttam Sengupta and Arindam Mukherjee

-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer?   State-Wise     40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore)     20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out     55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...

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FDI in retail? say a big NO -Anupam Bhargava

-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....

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Rajasthan Govt Accepts OBC Commission Report

-Outlook Jaipur: The Rajasthan Government today accepted the state OBC commission report, paving way for five per cent reservation in government jobs and educational institutes to five communities, including Gujjars, under Specially Backward Category. The commission, led by justice (retd) I S Israni, had handed over the report to the Chief Minister Ashok Gehlot on November 22. The decision was taken at a cabinet meeting today. The reservation in the state is set to...

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'Cash transfer for BPL not feasible'

-Deccan Herald Cash transfer for public schemes is a “terrible lie”, said activists at a meeting held at Jantar Mantar on Wednesday. Communist Party of India (Marxist) leader Brinda Karat said that if one compared India with African countries, India would beat them in terms of poverty. “The government is not willing to tax business tycoons and is making the common man suffer by cutting down subsidies,” she said. Karat added that her...

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Why direct cash transfer shouldn’t be used to kill the PDS -G Pramod Kumar

-First Post If we are willing to believe the best practice examples of cash transfers from Brazil and Philippines, and trust the UPA on the fact that their cash-for-subsidy is going to be all hunky-dory, we also have a right to believe Sitaram Yechury’s concerns about the fancy plan. According to the CPM leader, the cash transfer is a ploy by the government to dismantle the PDS and systematically reduce subsidies. “This is...

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