-The Hindu The direct cash transfer scheme launched a year ago in Kotkasim for providing kerosene subsidies has pushed legitimate beneficiaries out of the system The nondescript town of Kotkasim in the Alwar district of Rajasthan had its Peepli Live moment after it was chosen for a pilot experiment with “direct cash transfers” of kerosene subsidies. According to the district administration, the scheme led to net savings of 79 per cent in...
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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....
More »Delhi govt saved Rs 30,000 cr by privatising power sect:report
-The Indian Express The privatisation of power sector in Delhi has been very successful and it has resulted in saving of around Rs 30,000 crore by the city government in last ten years, a report has said. The report by SBI Cap Securities on the power sector came amid an outcry over hike in power tariff in the city by nearly 50 per cent in the last one year. The report, which examined...
More »UID's next step
-The Business Standard The government needs to be braver with cash transfers On October 20, Prime Minister Manmohan Singh is scheduled to launch the first major step in integrating the Unique ID, or Aadhaar, with government welfare schemes. The event is supposed to take place in Dudu, a town in Jaipur district in Congress-ruled Rajasthan. The presence of Congress President Sonia Gandhi also seems to suggest that the United Progressive Alliance...
More »IRDA's draft proposal for insurance cover to BPL families
-PTI Regulator IRDA has come with a draft proposal to expand the reach of insurance cover to Below Poverty Line (BPL) families in the next five years. "The target group shall be the BPL population... Each insurer shall prescribe the target in proportion to their market share. IRDA shall prescribe annual target so as to cover entire BPL population in the next five years," Insurance Regulatory and Development Authority (IRDA) said in...
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