-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's bank account in lieu of rice, wheat,...
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Jobs and votes
-The Indian Express From Nariman Point to Tirupur, from broking firms to ancillary industries — as a two-part series in this newspaper has illustrated — the economy is seeing a steady contraction in employment opportunities. The economic and social cost is sobering but the UPA should also worry about the political implications. Lakhs of jobs are being lost when India is heading for a general election that could be decided primarily...
More »PMO signals drought alert on deficit rain, asks ministries to help affected states
-The Times of India The Prime Minister's Office (PMO) has sounded an alert over a deficient monsoon, directing ministries to help states facing drought-like situations by operationalizing contingency plans to distribute seeds, augment fodder and power and deal with drinking water shortages. PMO said the monsoon season rainfall is likely to be 92% of the long-term average (LPA), less than the 96% LPA predicted in June that itself was a downgrade from...
More »The perils of retail therapy in India
-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...
More »Monsoon rains in India below average in past week
-Reuters India's monsoon rains retreated to below average levels in the past week, the weather office said on Thursday, after scraping above average the previous week for the first time this season, keeping overall rainfall under par and pushing futures higher. Monsoon rains were 22 per cent below average in the week to July 18 against one per cent above average rains in the previous week, reflecting the return of a weak...
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