-Outlook The cap on subsidised LPG has the UPA regime worried Something Cookin’ There’s definitely going to be a relook at the six-subsidised-cylinders cap Fear that LPG could cause a replay of the “onion impact” on 2014 polls Pressure from all parties for increasing number of subsidised cylinders Central government keen that states too share burden of extra cylinders But that could be tricky when discussing Centre-state revenue-sharing Cylinder Pricing Subsidised cylinders...
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FDI in retail? say a big NO -Anupam Bhargava
-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....
More »New food security scheme for the poor from Dec. 15 -Gaurav Vivek Bhatnagar
-The Hindu Initially two lakh Delhi families to be paid Rs. 600 per month United Progressive Alliance chairperson Sonia Gandhi has been urged by Delhi Chief Minister Sheila Dikshit to inaugurate the Dilli Annashree Yojana food security scheme under which initially about two lakh families would be paid a sum of Rs. 600 per month from December 15. The Delhi Government, which had set aside Rs. 150 crore for this scheme in its...
More »Growing crisis of drug prices
-The Hindu India’s drug price control order, which is vital to the availability of affordable essential medicines, has been whittled down to the point of becoming insignificant. While the number of price-controlled medicines has dwindled over the past three decades, from 347 to 74, the pharmaceutical industry has been pursuing super profits. The High Level Expert Group of the Planning Commission on Universal Health Coverage noted in its report that price...
More »It’s not quite a silver bullet
-The Hindustan Times The government will begin switching over to a system of direct cash transfers for welfare in the New Year and hopes to roll it out all over the country in the ensuing 364 days. This is a radical departure from the existing welfare delivery mechanism so riddled with leaks that a Mere fraction of the benefits reach the intended target groups. By co-building these transfers with biometric enuMeration...
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