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Those lending support to UPA government are also against FDI, says Prakash Karat -Rahi Gaikwad

-The Hindu No consensus among UPA allies on FDI: Prakash Karat Patna: Ahead of the vote in Parliament on foreign direct investment (FDI) in multi-brand retail, Communist Party of India (Marxist) general secretary Prakash Karat said here on Saturday that since parties with a majority were opposed to the policy, there was no consensus among the allies of the United Progressive Alliance (UPA) on the issue. Asked about the dithering position of the...

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Micro ATMs Planned for Transfer of Cash to Poor -M Rajshekhar & Dheeraj Tiwari

-The Economic Times The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for transferring cash to poor people, and replace it with a countrywide network of ‘micro ATMs’, as it seeks to finalise the last-mile payment architecture for cash transfers.   In a meeting on Monday evening, Rural Development Minister Jairam Ramesh, UIDAI Chairman Nandan Nilekani, and Planning Commission officials met Finance...

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Poverty amid prosperity -Atul Sood

-The Hindu While Gujarat’s GDP growth in the last two decades has been notable, it is not reflected in employment, wages, health or education There is a widespread belief that Gujarat is a shining star on the Indian growth horizon and that all other States would do a great service to Indian masses by emulating the model of development that Gujarat embarked upon under the stewardship of Narendra Modi. A recent study,...

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Cash subsidy transfer is not a magic wand but people will get purchasing power: Expert -Joseph John

-The Times of India RAIPUR: Expert in public policy and capacity building T R Raghunandan, a former IAS officer of Karnataka Cadre, said on Thursday that transfer of cash subsidy to the beneficiaries was not a "magic wand" but it could help create purchasing power among the masses in the respective areas. Speaking at the media capacity building workshop, organised by the centre and the UN joint programme on convergence here, he...

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Delhi govt eyes 15% quota for poor in private schools -Shreya Roy Chowdhury

-The Times of India The Delhi government is set to propose an additional 15% reservation for children from poor families in most private schools in the city. According to the proposal, which will be presented before the high court once it's cleared by the chief minister, the quota will be applicable to admissions made from class II to XII. The reservation, if passed by the court, will affect 394 private recognized schools...

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