-The Telegraph The Centre is poised to launch a pilot project to study the delivery of food subsidy through direct cash transfer, a proposed system that civil society groups feel will end up inconveniencing the poor beneficiaries. The food and consumer affairs ministry will start the pilot scheme in the six Union territories next month, a top government source told The Telegraph. Now, households buy food grains at subsidised rates (called the “central...
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A sop that does not help -Sudha Mahalingam
-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...
More »Hike plans: subsidised LPG price may go up by Rs. 130, diesel by Rs. 1.5 -Anupama Airy
-The Hindustan Times The government is planning to hike the price of subsidised LPG cylinders — capped at six a year — by Rs. 130 during January-March 2013. It also plans to hike diesel prices by Rs. 1.5 a litre every month, which will take the hike to Rs. 4.5 a litre during the period. On kerosene, the proposal is that the prices be either increased by 35 paise a litre per...
More »Two sides of a coin -Sitaram Yechury
-The Hindustan Times Some weeks ago, much before the gruesome gang rape and murder in the capital ruptured the country's conscience and forced our people out of their stupor to rise in widespread angry protests, The Guardian had posed the following question: "Of all the G-20 nations, India has been labeled as the worst place to be a woman. But how is this possible in a country that prides itself as being...
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
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