-The Times of India Congress members on the Joint Parliamentary Committee on telecom policy on Monday aggressively questioned the government's chief auditor Vinod Rai over his estimate that revenues losses in the 2G scam could be as high as Rs 1.76 lakh crore. In what came across as a strategy to knock down the 2G scam losses from the staggering figure computed by the Comptroller and Auditor General, Congress MPs wanted to...
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Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
More »Cash for kerosene instead of subsidy
-PTI Delhi may soon become the first city in the country to give cash instead of subsidized kerosene to BPL families, a move aimed at controlling widespread pilferage of the fuel. As per the proposal put forth by chief minister Sheila Dikshit, cash equivalent of the monthly kerosene subsidy will be directly transferred to the bank account of the female head of the family. A BPL family is likely to...
More »HRD initiates move to extend RTE till the secondary level by Akshaya Mukul
The HRD ministry has taken the first step towards extending the Right to Education till the secondary level by making it part of the agenda of next month's meeting of state education ministers and the Central Advisory Board of Education. Sources say the idea of extending RTE is at the stage of infancy but the ministry is keen that the process should begin at right earnest so that it becomes...
More »Rs 17,000-cr warning for India's food gamble by Samar Halarnkar
Unpaid bills of Rs 17,000 crore — and growing — have revealed hidden food subsidies and acute financial mismanagement as the government prepares to adopt the costliest, most ambitious legislation of its tenure. Documents accessed by Hindustan Times reveal this is the money the government now owes the state-run Food Corporation of India (FCI), hampering its mammoth operation of buying grain from the farmer, storing it and selling it cheaply...
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