The people are not always right - though they usually are. Socrates was sentenced to death in a direct democracy by popular vote in a popular jury. He was the greatest man Athens ever produced and was unquestionably one of the noblest men of all time. The Treaty of Versailles was a link in the chain of events that led to the decline of the great civilisation of Europe. Yet...

A study questions the efficacy of conditional cash transfer schemes in promoting the girl child. IN an attempt to address some of the serious imbalances in society, specifically the gender imbalance, the Central and State governments have embarked on several short-term conditional cash transfer (CCT) schemes in the past decade and a half. While the Central government is convinced about the efficacy of the schemes aimed at arresting the distorted sex...

The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...

-The Telegraph   RBI governor D. Subbarao has expressed concern over Bengal’s low credit-deposit ratio, which means that funds from the cash-starved state are actually meeting the borrowing needs elsewhere. The erstwhile Left government used to blame banks for the skewed ratio. But bankers have blamed it on the poor credit absorption capacity of rural Bengal because of fragmented land holdings — a fallout of the land reforms. After a meeting with chief minister...

-The Hindu In order to reduce mother mortality rate (MMR) and infant mortality rate (IMR), the district administration had launched ‘Amma Lalana' (Mother's Nurture) programme of providing better medicare to pregnant women and new born by tracking them for intervention needed through SMS alerts. Initially, the programme was launched in 25 primary health centres by feeding the information of the pregnant women along with her cellular phone number or husband's phone and...