-PTI Calling the prevalence of paid news as "shocking and very disturbing", PCI chairperson Justice Markandey Katju said the information provided by the panel, appointed by him, only shows that self regulation by media was proving to be ineffective. There has been large-scale practice of ‘paid news’ in the Gujarat elections, a fact-finding team of the Press Council of India has claimed. Calling the prevalence of paid news as “shocking and very disturbing”,...

-The Hindu Chennai: Union Finance Minister P. Chidambaram said the cash transfer scheme, aiming at crediting subsidy amount directly to the bank accounts of beneficiaries, would be fully implemented throughout the country by December 2013. “Beneficiaries of 39 schemes will get their money transferred to their bank accounts directly,” Mr. Chidambaram said, while participating in the centenary celebrations of former Assembly Speaker S. Chellapandian on Sunday. He said the “your-money-in-your-hands” scheme would...

-The Indian Express The UPA is banking on cash transfers as a political tool, but it must concentrate on programme design The Congress has been congratulating itself on its newly announced direct cash transfer scheme — P. Chidambaram described it as a game-changer, Sonia Gandhi declared it nothing short of revolutionary, and Rahul Gandhi reportedly claimed that “Aapka Paisa, Aapke Haath” would bring the party generous political dividends. The Congress may have...

-The Hindu Business Line Can you imagine many men who never donned domestic roles are now sharing household works in rural India? This is one of the findings of a national study, conducted on the impact of self help groups in the last two decades, which Union Minister of Rural Development Jairam Ramesh has released here.   Finance and managment The study, conducted by the National Network of Enabling Self Movement (Enable) in eight States...

Should they be targeted? Should they go to individuals or households? Are conditionalities necessary? Without a full consideration of these issues, cash transfers will remain an expensive gamble Having worked on cash transfers for over 25 years, and being an economist, I find recent criticisms of the idea shrill and ill-informed. Only a right-wing ideologue would call them a panacea or a cure-all. They would merely be a vast improvement on...