-Livemint.com World Bank study says giving cash is a more efficient way to ensure social security Last week the government’s chief economic advisor Arvind Subramanian described the direct benefit transfer scheme as a “game changer”. The Pahal scheme, under which Cooking gas consumers receive subsidy in their bank accounts, is one of the ways the government is trying to improve the efficiency of its welfare programmes using the so-called the JAM...
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Direct cash transfers to cut LPG subsidy by 25%: FM
-The Times of India NEW DELHI: Finance minister Arun Jaitley on Sunday said the direct transfer of Cooking gas subsidies into the bank accounts of users will help the government cut its subsidy bill by around Rs 12,700 crore, or around a quarter of the funds spent last year. The minister used the successful transition to direct benefit transfer (DBT) system to argue for extending the scheme to other subsidies, something that...
More »Meals under a bridge: The story of a man who feeds the poor with his own money -Nitin B
-TheNewsMinute.com Telengana: Everyday a large number of homeless, poor people who cannot afford a decent meal, line up in neat rows under the Dabeerpura bridge in Hyderabad. Every man, woman and child wait for their turn to pick up a plate, washes it and sits down in formations. Many in the line have not eaten for days, but they still wait their turn. Without a hassle, rice is served on each...
More »Towards a strategy for climate change talks -Montek S Ahluwalia
-Business Standard Nations below a level of per-capita GDP representing a peaking point could be allowed to expand total emissions The world's climate change negotiators will meet again in December in Paris. The good news is that all countries, including developing countries, have agreed to announce their "intended nationally determined contributions" (INDCs). The bad news is that they are nowhere near an agreement on action by individual countries that could limit global...
More »Eco-friendly stoves set for an upgrade
-The Hindu Business Line New variant to generate electricity from Cooking Greenway, a Mumbai-based start-up which produces eco-friendly and fuel-efficient biomass stoves, will build prototype units by July that can also generate 10 watt electricity from the Cooking heat. Intended to be an alternative to harmful and inefficient traditional mud stoves, Greenway’s ‘smart stove’ claims 50 per cent fuel savings and 70 per cent reduction in smoke emission. It has been tested and...
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