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Cash transfers can save Rs 30,000 crore per year in food subsidies: Shanta Kumar -Dipak K Dash & Surojit Gupta

-The Times of India NEW DELHI: Conditional cash transfer instead of providing grains at subsidized rates to the poor under the Food Security Act can save at least Rs 30,000 crore annually, said Shanta Kumar, chairman of a panel set up to revamp the state-run Food Corporation of India (FCI). Kumar said linking cash transfer to conditions such as constructing toilets was one of the several options being considered to ensure every...

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Moderate inflation is a passing phase: Economists -Ishan Bakshi

-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...

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The failure of the Indian imagination -Gautam Bhatia

-The Hindu The failure of Narendra Modi's infrastructure plan reflects the larger failure of the Indian imagination, a mindless enumeration of ideas that have little or no bearing on Indian reality. When much of what is built is a half-baked imitation of disparate items tried and tested elsewhere, it becomes hard to fault Mr. Modi. If the recent image of Prime Minister Narendra Modi swinging on the jhula with Chinese President Xi...

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Air pollution lowers crop yield: study -N Gopal Raj

-The Hindu THIRUVANANTHAPURAM: Much of the drop in yield came from air pollution caused by fine particles like soot as well as ozone generated by sunlight acting on emissions of precursor molecules. India's food grain production is facing a double whammy, with heightened air pollution adding to the impact of climate change on crop yields, according to a recent study. "Our statistical model suggests that, averaged over India, yields in 2010 were up...

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A workforce on the move, literally -S Chandrasekhar

-The Hindu Business Line The number of people commuting between rural and urban areas and across geographies has risen dramatically In the last couple of decades, the number of people commuting between rural and urban areas on a daily basis has seen an explosive growth. This includes unskilled workers without a fixed place of work. According to the National Sample Survey Organisation, between 1993-94 and 2009-10, India saw a nearly fourfold increase (from...

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