-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
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A 'Cost-Benefit' Analysis of UID-Reetika Khera
-Economic and Political Weekly A cost-benefi t analysis by the National Institute of Public Finance and Policy of the benefits from Aadhaar integration with seven schemes throws up huge benefi ts that are based almost entirely on unrealistic assumptions. Further, the report does not take into account alternative technologies that could achieve the same or similar savings, possibly at lower cost. Reetika Khera (reetika.khera@gmail.com) is at the Institute of Economic Growth on...
More »Poll-ready Congress for improving RTE record
-Live Mint National Advisory Council seeks an institutional audit of the implementation of the Right to Education programme In yet another signal that the ruling Congress party is getting ready for the next general election, the National Advisory Council (NAC), which sets the social agenda for the Union government, has sought an institutional audit of the implementation of the government’s marquee Right to Education (RTE) programme. NAC is headed by Congress party...
More »The good, bad and ugly -Narayan Lakshman
-The Hindu There is little doubt that US universities have a long way to go in terms of making women safe on campus In the wake of the high-profile gang rape incident in New Delhi on December 16, media and public comments have significantly centred on anti-woman attitudes in Indian society, particularly among young men. This line of introspection is indeed warranted, for there can be little doubt that these values have fuelled...
More »The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
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