-The Hindu Dip in Congress' vote share from SCs, STs, Muslims - its traditional support base Cities are driving the anti-UPA sentiment, while marginalised communities - the Congress' traditional base - are more satisfied than dissatisfied with UPA-II's performance. These findings emerge from a CNN IBN-The Hindu-election tracker poll of 19,062 demographically representative respondents. Just 38 per cent of respondents expressed satisfaction with UPA-II's performance (with 22 per cent undecided), down from 49...
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Use Aadhaar and EMV both for retail payments
-The Economic Times An RBI-appointed panel of bankers will decide on the appropriate technology for retail payments in a month. And the choice is reportedly between Aadhaar, the biometric-based unique identity system, and EMV, a globally accepted technology standard for Credit Card, debit card and ATM transactions, used by Visa and MasterCard. This is baffling. Why should it be one technology standard or the other? Both Aadhaar and EMV should co-exist...
More »What we need is not a food security Bill but a hunger elimination Act -Arvind Virmani
-The Times of India In the decade or so that i was at the Planning Commission, i always had advisory responsibility for the food ministry/public distribution system, among other issues of development policy. It did not take very long to find out that the fundamental problem with the system was about so-called "leakages" abetted by corruption: One soon learnt that the Food Corporation of India (FCI) was one of the most...
More »PF set to cover all pay, not jut basic pay -Sidhartha
-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...
More »Loan cards for tenant farmers soon
-The Hindu Minister asks officials to complete the process before the onset of kharif Hyderabad: The government has asked the revenue officials to ensure loan eligibility cards to eligible tenant farmers in the State in 15 days to enable the latter to get credit for farm operations for kharif season beginning this June. Revenue Minister N. Raghuveera Reddy instructed Joint Collectors to facilitate issuing of these cards to the tenants after processing their...
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