-Outlook Rejecting contentions that government is implementing the Aadhar enabled Direct Benefit Transfer (cash transfer) system in a hurry, Finance Minister P Chidambaram told Rajya Sabha today that the measure being implemented step by step will eliminate leakages, delays, duplicacies and falsification. "It will lead to seamless transition. We believe that the new system, which we will introduce, will be more transparent. It will eliminate leakages, delays, duplicacies and falsification. Government firmly...
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Setting an example
-The Hindu Convinced that the International Thermonuclear Experimental Reactor (ITER) installation is safe, the French government recently granted the fusion project the necessary permission to start construction in Cadarache. There are many firsts to the project. Maintaining transparency has been one of ITER’s most significant features and organising an enquiry to give the public an opportunity to formulate its opinion has set a new benchmark for openness. Independent experts assessed the...
More »India’s employment elasticity almost zero-Manas Chakravarty
-Live Mint High growth hasn’t led to more jobs The years between 2004-05 and 2009-10 saw some of the highest rates of gross domestic product (GDP) growth for India. The problem, however, is that this high growth hasn’t led to more jobs. Employment elasticity—which is a measure of how employment varies with economic output—has come down dramatically. The Planning Commission says that employment elasticity has come down “from 0.44 in the first half...
More »FDI to bring new technology in agriculture, says Prime Minister -Amit Chaturvedi
-NDTV A day after the UPA government won Parliament's approval on its proposal to allow foreign direct investment or FDI in multi-brand retail, Prime Minister Manmohan Singh has said FDI will create a revenue model for farmers. "FDI has been passed by Parliament and it was strongly supported by organisation in Punjab. Agriculture and food retail business will be benefited by it, farmers and consumers will be benefited by FDI," the Prime...
More »Russia’s insistence on U.N. control over the Internet could see collapse of global meet -Shalini Singh
-The Hindu It’s Russia, China, and Arab states versus E.U., U.S. and Japan; India is silent The December 3-14 World Conference on International Telecommunications (WCIT) in Dubai, could collapse if Russia does not back off from its proposal to bring the Internet under the control of the International Telecommunications Union (ITU), thereby subjecting the web to inter-governmental regulation. At the conference’s plenary session, China, Saudi Arabia, Iran and Kazakhstan backed the Russian proposal,...
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