-Live Mint Cabinet-approved Bill may stir up controversy after it left out a key proposal to bring CBI within its purview On the day that it approved the anti-graft Lokpal Bill, the first murmurs of dissent against finance minister P. Chidambaram’s call for expenditure cuts surfaced in the Union cabinet—over the seemingly piffling amount of `90.38 crore. The cabinet eventually overruled the finance ministry’s objections and approved the infusion of the money for...
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How To Waive Crores Goodbye -Lola Nayar and Panini Anand
-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
More »2013 World Press Freedom Index: Dashed hopes after spring
-Reporters without Borders Access the 2013 World Press Freedom Index here. After the “Arab springs” and other protest movements that prompted many rises and falls in last year’s index, the 2013 Reporters Without Borders World Press Freedom Index marks a return to a more usual configuration. The ranking of most countries is no longer attributable to dramatic political developments. This year’s index is a better reflection of the attitudes and intentions of...
More »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...
More »34 dead due to unabated cold wave in north India
-PTI At least 34 more deaths were reported from Uttar Pradesh as cold wave conditions continued unabated in North, East and Central parts of the country, even as temperature soared slightly in some places. The national capital witnessed a chilly but sunny morning with the mercury rising a bit during the early hours. There was a shallow fog in the morning hours and the minimum temperature was recorded at 4.4 degree Celsius, three...
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