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How GDP understates economic growth-Bill Gates

-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...

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'Smart' cards: Jagjit Singh labourer in MP

-The Times of India BHOPAL: If you go by some of the photographs on smart cards used for making payments under the Mahatma Gandhi National Rural Employment Guarantee Scheme in Rewa district, Chhattisgarh chief minister Raman Singh, Shiv Sena leader Uddhav Thackeray, the late ghazal maestro Jagjit Singh and other well-known people are all labourers, though with different names. Many such cards, carrying pictures of celebrities but having names of locals, have...

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Arvind Panagariya, a professor of Indian economics at Columbia University interviewed by Ullekh NP

-The Economic Times Arvind Panagariya, a professor of Indian economics at Columbia University, hits out at Nobel laureate and Harvard University professor Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. The former chief economist at the Asian Development Bank counters Sen's argument that it is high social spending that has contributed to the economic growth of Asian economies such...

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DBT scheme to be launched in 20 districts-Sujay Mehdudia

-The Hindu   It is likely to be extended to entire country from October The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for the LPG consumers, putting subsidy cash directly into the account of beneficiaries, would be launched in 20 districts with high Aadhaar card penetration from June 1. The scheme is likely to be extended to the entire country from October this year. However, the...

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Aadhaar–LPG linkage still tardy in Andhra Pradesh

-The Hindu ‘Consumers must get Aadhaar number linked todatabase of oil companies and Bank Accounts' Hyderabad: Even as the Centre announced that the rollout of direct transfer of the cash subsidy on LPG would be from June 1, only 55 per cent of consumers got their Aadhaar number linked to the database of oil companies in the five districts in Andhra Pradesh. Even poorer is the linkage of Aadhaar numbers to the bank...

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