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Government to organise camps in schools, colleges & panchayats to enroll beneficiaries under direct cash transfer scheme-Dheeraj Tiwari

-The Economic Times The government will set up camps in educational institutions and villages to speed up enrollment of beneficiaries under direct cash transfer scheme, a finance ministry official said. Direct cash transfer, a method the government hopes will plug leakages and cut delays in transfer of subsidies to the poor, is to be rolled out in 51 districts in 15 states from January 1. Enrollment camps will be set up in schools...

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Show 'em the money -Josy Joseph

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...

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Myths of our making-Pratap Bhanu Mehta

-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...

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Indian real wages fell in 2008-11: ILO report-PR Sanjai, Remya Nair and Anuja

-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally  India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...

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Luis Henrique Paiva, secretary of National Secretariat of Citizenship Income (SENARC) by Rema Nagarajan

-The Economic Times Even as India gears up for cash transfers aimed at its poorest, Brazil has been running the Bolsa Familia (BF) cash transfer scheme, widely credited with helping cut inequality by 17% in five years, reducing Brazil's poverty rate from over 40% to 28.8%. BF is run by the National Secretariat of Citizenship Income (SENARC) of Brazil's ministry of social development. Luis Henrique Paiva, secretary of SENARC, spoke about...

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