-Live Mint Concerns raised over the efficiency of banking networks and on-the-ground preparations for the scheme A section of the Sonia Gandhi -led National Advisory Council (NAC) is not happy with the government “rushing into” the direct benefit transfer (DBT) scheme, expected to be the flagship programme of the ruling Congress party in the national election scheduled for next year. At a meeting of the NAC on Tuesday, where Unique Identification Authority of...
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Regulators are sometimes too close to industry: Hari Narayan-Deepti Bhaskaran
-Live Mint Former Irda chief spells out the problems with regulating the insurance sector in an interview Regulators are sometimes not too keen on laying down the law because they may be too close to the industry that they are charged with making sure is complying with rules, said J. Hari Narayan, who stepped down on Wednesday as chairman of the Insurance Regulatory and Development Authority (Irda). “There is a lot going on...
More »President’s speech signals govt policy makeover, 'difficult decisions'-Liz Mathew
-Live Mint In Parliament address, Mukherjee says direct cash transfers will cut Leakages and bring benefits to the poorest Acknowledging that growing aspirations, particularly among the youth, are going largely unmet, the government has signalled a policy makeover, including undertaking “difficult decisions”. The Congress-led United Progressive Alliance (UPA) also indicated that it was looking to the direct benefit transfer scheme based on the Aadhaar or unique identity system to restore the feel-good factor...
More »Work in Progress-SL Rao
-The Telegraph The world lauds us as the largest democracy. Yet, how much of a democracy are we and where must we improve? Elections and their consequences: We have regular elections. They are supervised with increasing effectiveness as far as booth capturing, bogus voters and violence are concerned. The influence of money has not waned; if anything, it has increased. It is not as it used to be, for paying voters only....
More »Don’t rush with cash transfers as it needs preparation-Ajay Chhibber & K Seeta Prabhu
-The Economic Times Cash transfer in various forms has been used in many countries to target support to the poor and achieve social objectives. In India, its introduction has generated more passion than rational debate. The scheme is not a magic bullet, but if properly implemented and targeted, cash transfer is a very sensible instrument of social assistance. In India, the rationale for introducing the scheme seems to be to check...
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