-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...
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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
More »Cash Transfer or Congress Calling Card!-Ashwani Kumar
-Pratirodh.com If Year 2012 earned the sobriquet of “Year of Scams’ due to serial expose of “super social cop” Arvind Kejeriwal, and the year-end tragic death of girl in Delhi gang rape case reminded us about the most ugly manifestation of ‘Republic of Patriarchy’ in India, Year 2013 promises to be a game changer for the fortunes of welfare state in India as well as political fortunes of UPA-2. If Narendra Modi,...
More »Rising cost of education worries parents, survey shows -Himanshi Dhawan
-The Times of India While the cost of private education has always been prohibitive, education in government-run institutions has also increased sharply in the last one month with the HRD ministry taking the decision to hike under-graduate fees in IITs by 80%. Earlier, the fees for Kendriya Vidyalaya students increased three-fold from Rs 4,500 to Rs 12,000 annually. The KV fee hike impacts 11 lakh students in 1,090 schools. The last fee...
More »Cash transfers: Govt to set up camps to collect details -Surabhi
-The Indian Express With less than a fortnight left to roll out its direct cash transfer scheme, the government is trying to fast-track the process of identification and registration of beneficiaries for the 34 schemes. Accordingly, it has decided to set up camps in each of the 43 districts where direct cash transfers would be launched for preparing a central database of beneficiaries, enrollment for Aadhaar numbers and opening of bank accounts. “A...
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