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PDS purchases up sharply between 2004-05 and 2009-10

-PTI There was sharp rise in purchase of cereals, sugar and kerosene from Public Distribution System (PDS) between 2004-05 and 2009-10, a government survey said. According to National Sample Survey Organisation's 66th round, the percentage of households reporting consumption of rice from PDS rose sharply from 24.4 percent to 39 percent in rural areas. The percentage of such families consuming rice increased from 13 percent to 20.5 percent during the period. The increase...

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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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Growthwallahs need to pause and reflect-Anil Padmanabhan

-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...

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India’s tuberculosis challenge -R Prasad

-The Hindu The epidemic is running amok. And the government is finally waking up to the reality. Tuberculosis was declared a global health emergency in 1993, but it has been growing unchecked. Today, TB is causing millions of deaths every year globally. Like any infectious disease, TB is prevalent even in developed countries. But it is a more serious problem in the developing and populous countries. India and China together account for nearly...

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