There is a growing chorus of views - representing some very influential writers in India and elsewhere - in favour of direct cash transfer into poor people's bank accounts as a more efficient social security net than the National Rural Employment Guarantee Scheme (NREGS). Economist Arvind Panagariya has called direct cash transfer ''the least costly policy to give immediate relief to the poor". Having returned from a series of field...

The Special Public Distribution System, covering the supply of commodities such as toor dhal, urid dhal and palmolein, is being trimmed. Rava and maida will not be supplied once the available stocks of the commodities are exhausted. Alternatively, emphasis will be given to supplying fortified atta. The Special Public Distribution System was launched in the State on April 14, 2007. The government has decided to keep the prices of toor...

Action Aid in a new report has said that close to one billion people in the world are suffering from hunger and malnutrition. While the NGO has praised China and Brazil for successfully bringing down these numbers through community initiatives, India has been ranked low in the report. Brazil and China have been praised, but India criticised, in a new report that evaluates the efforts of developing countries to tackle...

Concerted efforts have been made to give a new lease of life to the Doha Round of WTO negotiations. The question before us is: what is the most relevant role which this revived round of trade talks can play? If we take an overview of the entire international trade scene and the changes that have taken place ever since the WTO was created (including the negotiations which preceded the WTO’s...

At a time when the flow of institutional credit has tended to look up, pointing to economic recovery, the disbursal of agricultural credit has dipped by an astonishing 30 per cent, putting the prospects of recovery in the drought-ravaged farm sector in jeopardy. The numbers released by the National Bank for Agriculture and Rural Development (Nabard) indicate that both commercial banks and cooperative credit outlets are lagging behind their targets...