-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...
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Capped: subsidised theft of cooking gas -Sambit Saha
-The Telegraph Calcutta: Demand for commercial gas has risen sharply in Bengal, prompting suggestions that the subsidy cap on domestic cylinders has unmasked one of the worst-kept secrets in the country. The sudden spurt is being attributed to demand from commercial establishments and auto-rickshaws that were so far depending heavily on the subsidised cooking gas rampantly pilfered from the domestic segment. “We have been selling 6,000 (commercial) cylinders a day (to establishments) after...
More »Single price for LPG, norms direct subsidy transfer soon
-The Business Standard A decision has been taken to gradually initiate Aadhaar and non-Aadhaar based LPG subsidy transfer through the OMCs Having capped subsidised LPG cylinder to six, the government plans to move to a single price for domestic LPG by directly transferring subsidy to consumers with or without Aadhaar number. A committee of officials from ministries of petroleum, banking, expenditure, finance and UIDAI will prepare a white paper on the modalities...
More »Shift rice production from Punjab to eastern states: Experts-Sutanuka Ghosal & Rituraj Tiwari
-The Economic Times With reports of groundwater level going down in Punjab and Haryana, considered the rice bowl of India, scientists and analysts suggest its cultivation be shifted to eastern states which have better water resources. They say Punjab and Haryana should focus on basmati rice, which is largely exported, and the eastern states should produce non-basmati varieties for meeting the domestic demand. Talking to ET, Dr Swapan Kumar Dutta, deputy director general...
More »The long march of PV Rajagopal-Ruchira Singh
-Live Mint He is at the head of a march to Delhi for a new policy that promises every poor family a small patch of land Morena (Madhya Pradesh): One hot Friday in October, a 64-year-old man named P.V. Rajagopal is marching at the head of a procession of around 50,000 people on the highway from Gwalior to Delhi. Rajagopal is slight and heavily sunburnt, and has walked tens of thousands of kilometres...
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