-The Economic Times Cash transfer in various forms has been used in many countries to target support to the poor and achieve social objectives. In India, its introduction has generated more passion than rational debate. The scheme is not a magic bullet, but if properly implemented and targeted, cash transfer is a very sensible instrument of social assistance. In India, the rationale for introducing the scheme seems to be to check...
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MNREGS killing entrepreneurial spirit of rural AP, says study
-The Times of India HYDERABAD: The UPA government's petprogramme - the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) - may have been started with the objective of securing the livelihood of the residents of rural India by providing assured employment for 100 days in a year, but has ended up choking the entrepreneurial spirit in the hinterlands ofAndhra Pradesh. These are the findings of a study conducted by a faculty of...
More »Dismal Economic Data adds to government’s woes
-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
More »Non-Congress states opposes food security bill-Rituraj Tiwari
-The Economic Times The Centre may find it difficult to build political consensus on the National Food Security Bill as several non-Congress-ruled states have expressed their opposition to the scheme. Bihar, Uttar Pradesh, Tamil Nadu and West Bengal have already expressed their dissent while Chhattisgarh has rolled out its own food security scheme. With more than 40% of the country's population residing in these five states, the Bill may not have the desired...
More »Jobless growth back to haunt UPA-Anil Padmanabhan
-Live Mint The policy planners should be revisiting the fundamentals of the growth strategy India published a news story quoting from a research paper published by the Institute of Applied Manpower Research (IAMR) on the vexing issue of employment generation in the Indian economy. Referring to the compelling phase of unprecedented growth (when the average increase was 9%) in the latter half of the last decade, the IAMR study said, “Employment in...
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