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Cashing in-MK Venu

-The Indian Express The UPA’s cash transfer scheme — delivering over Rs.3.2 lakh crore in subsidies and welfare programmes to the poor, directly to their bank accounts — has raised fears in many quarters about the capacity of a rickety state apparatus to cope with messy implementation issues. Our collective self-confidence about being able to implement any new policy is so low today, we seem to be paralysed by the mere...

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Micro ATMs Planned for Transfer of Cash to Poor -M Rajshekhar & Dheeraj Tiwari

-The Economic Times The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for transferring cash to poor people, and replace it with a countrywide network of ‘micro ATMs’, as it seeks to finalise the last-mile payment architecture for cash transfers.   In a meeting on Monday evening, Rural Development Minister Jairam Ramesh, UIDAI Chairman Nandan Nilekani, and Planning Commission officials met Finance...

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Striking at the root of corruption -Shailaja Chandra

-The Hindu Cleansing political parties and elections of illegal money is the first step towards tackling the evil of graft Corruption is nothing but a reflection of the distribution of power within societies. The country is where it is because the political system is self-perpetrating and no party is accountable to anyone except a coterie of people that dominates all decisions. Unless the political system is accountable, going after individual cases of...

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Serve fresh notice on RIL, Dasgupta writes to PM -Sujay Mehdudia

-The Hindu Says the whole country is waiting for a statement from Manmohan on the issue Terming the ouster of Jaipal Reddy from the Petroleum Ministry unfortunate and anguishing, Communist Party of India (CPI) Member of Parliament Gurudas Dasgupta on Thursday asked Prime Minister Manmohan Singh to serve a fresh notice on the Mukesh Ambani-owned Reliance Industries Limited (RIL) and restrict the cost recovery for 2012-13 by $1.72 billion for the shortfall...

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Bans not the answer

-The Business Standard SC decision to seek views on GM crops welcome  The Supreme Court’s decision to seek views of different stakeholders before considering a 10-year moratorium on field trials of genetically modified (GM) crops, as suggested by the technical committee it had appointed, is welcome. The committee’s recommendation had caused widespread disquiet among the scientific community, a section of the seed industry and farmers. If the recommendation was accepted by the...

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