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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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Issues like food prices, PDS can hurt cash Transfers plan in food-Madan Sabnavis

-The Economic Times Cash Transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...

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Congress eyes political dividends from move to provide Direct Cash Transfer

-The Economic Times Congress is hoping to reap political dividends from its move to provide direct cash Transfer to the beneficiaries of welfare schemes just as it believes it did in the previous elections from the rural employment guarantee scheme. Rural development minister Jairam Ramesh, who, along with finance minister P Chidambaram, was deputed by the party to explain the details of the ambitious scheme on Tuesday, termed the initiative "a...

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Winning hand? Cong embraces cash Transfers

-The Times of India The Congress moved with alacrity on Tuesday to put the stamp of its "hand" on 'direct cash Transfers', calling it an election promise fulfilled and lining up Rahul Gandhi to lead the celebrations in the build-up to the launch of what it sees as a "game-changing" scheme. Finance minister P Chidambaram and rural development minister Jairam Ramesh chose the Congress party platform to announce the launch of the...

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Aadhaar, the focus changer-Shubhashis Gangopadhyay

-The Business Standard UID can shift focus from the government's functioning to the intended beneficiaries and ease of access The central government is seriously thinking of putting in place a technology-based platform to hand over subsidies directly into the hands of their intended beneficiaries. A number of pilots are under way for handing over, for example, kerosene subsidies for household consumption. While this is largely a central government initiative, state governments...

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