-Express News Service On Tuesday, Prime Minister Manmohan Singh directed his cabinet colleagues to update details of their business interests, assets and liabilities. In the first such exercise last year, only two cabinet ministers had explicitly declared their interests in private companies — Urban Development Minister Kamal Nath and Corporate Affairs Minister Murli Deora. Kamal Nath mentioned 23 companies in which either he or his family have a “business interest”. Deora...
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How much will Cash transfer cost? by Himanshu
Last week, a group of 40 economists wrote an open letter to United Progressive Alliance (UPA) chairperson Sonia Gandhi arguing for Cash transfer as a mode of delivery for the proposed National Food Security Act (NFSA). The letter was carried in detail in several newspapers including Mint. The good thing is that there is now almost a consensus, at least among economists, that whatever be the mode of delivery of subsidy,...
More »Anti-Posco unrest spills on to capital's streets by Sandeep Mishra & Ashis Senapati
As the administration and the anti-industry brigade scaled up preparations for a showdown at Dhinkia gram panchayat in Jagatsinghpur district within the next few days, five political parties on Monday staged a civil disobedience agitation opposing the ongoing land acquisition for Posco steel project. Activists of CPI, CPM, Forward Bloc, Rashtriya Janata Dal and Samajwadi Party took out a rally from the Railway Station to PMG Square in Bhubaneswar, raising...
More »India's welfare programmes are not very good at reaching the poorest of the poor: World Bank by M Rajshekhar
How effective are India's innumerable social security programmes at reaching out to the poorest of the poor? If a recent World Bank report is anything to go by, they are woefully inefficient. According to the report, titled "Social Protection for a Changing India", leakages and exclusion errors are endemic across the country. For instance, just 27% of the PDS . beenficiaries are the poorest of the poor. The World Bank found...
More »Food bill does a balancing act by Zia Haq and Prasad Nichenametla
The food ministry has prepared a new food security bill, reworking an earlier version and reconciling what had been “promised to the people” by the ruling Congress and the government’s fiscal constraints, MoS for agriculture KV Thomas has told HT. In August last year, the UPA government had pulled the plug on a previous draft, after it was found wanting by the Congress leadership. The Sonia Gandhi-led National Advisory Council, which oversees...
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