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House panel likely to recommend scrapping of household categories-Manoj CG

-The Indian Express The Parliamentary Standing Committee examining the National Food Security Bill is considering to recommend to the government to do away with the categorisation of “general” and “priority” (similar to the below poverty line) households in the legislation and provide uniform food guarantee to 75 per cent of the rural population and 50 per cent of the urban population. Keeping in mind the fiscal implications, the committee is likely to...

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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...

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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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Indemnity in peril -Aarti Dhar

-The Hindu The Rashtriya Swasthya Bima Yojana (RSBY) — a health insurance scheme that provides free hospitalisation to the poor — would become a major fiasco if insurance companies continue to throw a spanner, reveals a study. The Rashtriya Swasthya Bima Yojana (RSBY) — a health insurance scheme that provides free hospitalisation to the poor — would become a major fiasco if insurance companies continue to throw a spanner, reveals a World...

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Raman Singh steals a march over UPA on food security -Gargi Parsai

-The Hindu Chhattisgarh passes improved Food Security Bill The Raman Singh government in Chhattisgarh has stolen a march over the United Progressive Alliance government at the Centre by enacting the Chhattisgarh Food Security Act, 2012, which provides for food entitlements to all Antyodaya households, priority households and general households without prescribing any limit on the percentage of beneficiaries in the vulnerable social groups. The Bill that was passed by State Assembly on Friday,...

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