-The Times of India Submitting photocopies of identity and address proof for opening a Bank Account, buying insurance or getting a mobile connection could soon be a thing of the past. Instead, it would all be there at your finger tips. The Unique Identification Authority of India ( UIDAI) is ready with electronic know-your-customer authentication (eKYC) service which will pave the way to provide identity and address proof by just providing your...
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By July, cash transfers for cooking gas -Siddharth
-The Times of India Come July and you will have cash equivalent to your cooking gas subsidy in your Bank Account, marking the biggest shift in delivery of handouts which could help government curb leakages and reduce the strain on public finances. The switch is part of the ambitious three-phase deadline set by Prime Minister Manmohan Singh to make the "kind-to-cash" transition based on the Aadhaar numbers. At a meeting chaired by Pulok...
More »Where the jobs are-Rajeev Dehejia
-The Indian Express The International Monetary Fund’s recent downgrading of the growth forecast for India from 6.2 per cent to 4.9 per cent for 2012, which came on the heels of the decline in the actual growth rate to below 5.5 per cent in the first half of 2012, has brought reforms back to the centrestage of the policy discourse. Which reforms are needed and why? India’s growth trajectory has been unique....
More »Empty Promise -George Monbiot
-Outlook Could scientists have got the impacts of climate change on food supply wildly wrong? I believe we might have made a mistake: a mistake whose consequences, if I am right, would be hard to overstate. I think the forecasts for world food production could be entirely wrong. Food prices are rising again, partly because of the damage done to crops in the northern hemisphere by ferocious weather. In the US, Russia...
More »Govt to switch to cash transfers to deal with an unwieldy subsidy bill -Siddharth & Surojit Gupta
-The Times of India The government is set to step up its push for cash transfer of subsidies and adopt it as a policy doctrine in the run-up to elections, with two pilot projects validating the assumption that it would lead to significant savings for the government while enhancing benefits for users. A pilot project for cooking gas in Mysore run by state-run oil companies saw the number of connections dropping 40%...
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