-Live Mint The mid-day scheme is underpinned by a rent-seeking chain that keeps all the major stakeholders satisfied The mid-day meal (MDM) tragedy in Chhapra once again focuses attention on the low-level equilibrium that our public systems are trapped in. Consider these facts. Apart from rice, which has to be collected from the local ration shop, the MDM programme allocates each primary and upper-primary child Rs3.11 and Rs4.65, respectively to purchase pulses,...

-The Business Standard 7 things you should know in the Bhagwati vs Sen slugfest Jagdish Bhagwati and Amartya Sen are the two Indian economists who are most respected for their work. Both have worked on a broad spectrum of issues, though Sen is best known for his work on Public choice and development and Bhagwati for his work on trade. They are both liberal, neoclassical economists, who support deregulation and disapprove of...

-The Times of India NEW DELHI: Eminent citizens including former Delhi high court chief justice A P Shah, former cabinet secretary TRS Subramanian and former information commissioner Shailesh Gandhi have urged parliamentarians not to sign amendments to the RTI act when it is tabled. The government plans to bring amendments to the act to exclude political parties. The letter says that the RTI act has been used to uncover "certain arbitrariness and...

-The Hindu The current market prices are essentially over and above the actual cost of production - a difference that could run from 100 per cent to 5,600 per cent, depending upon various therapeutic categories In a liberalised market economy, do we need price controls on drugs? Policymakers and the pharmaceutical industry do not think so. They believe that price controls are an inefficient tool that distorts resource allocation, squeezes revenue, reduces...

-The Telegraph New Delhi: The World Health Organisation wants India's public to give up Bollywood songs as caller tunes on their mobile phones and replace them with short health messages from superstars of India's entertainment industry. The global health agency today launched what is being dubbed as the world's first attempt to promote health campaigns via caller tunes, drawing on the voices of 10 personalities from Bollywood and other entertainment sectors. Amitabh Bachchan's...