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Cash transfers can work better than subsidies -Guy Standing

-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...

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Karnataka's Smart, New Solar Pump Policy for Irrigation -Tushaar Shah, Shilp Verma, and Neha Durga

-Economic and Political Weekly   The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...

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Cash transfers can save Rs 30,000 crore per year in food subsidies: Shanta Kumar -Dipak K Dash & Surojit Gupta

-The Times of India NEW DELHI: Conditional cash transfer instead of providing grains at subsidized rates to the poor under the Food Security Act can save at least Rs 30,000 crore annually, said Shanta Kumar, chairman of a panel set up to revamp the state-run Food Corporation of India (FCI). Kumar said linking cash transfer to conditions such as constructing toilets was one of the several options being considered to ensure every...

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Explained: Understanding the permanent solution at WTO -Harish Damodaran

-The Indian Express Last week, India and the US reached an understanding on working out a "permanent solution" to the issue of public stockholding for food security purposes at the World Trade Organisation (WTO). The deal is seen as a breakthrough, ending the impasse that had stalled the implementation of a landmark Trade Facilitation Agreement (TFA) hammered out at the WTO's ministerial conference in Bali last December. * What is this deal...

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Silent heroes -Swati Daftuar

-The Hindu The Deutsche Bank Urban Age Award 2014 sought to recognise projects that work towards improving the urban conditions of communities in Delhi We know what's going wrong, and we ask the right questions; questions which crop up while our car drives down narrow roads with broken street lights, landfills spilling over with waste we have created from nothing, and slums we cannot really imagine the insides of. Our city is...

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