-The Hindu "Only subsidy and not service has been made conditional on providing the Aadhaar number" The Supreme Court order on Aadhaar is expected to provide relief to more than 24 lakh people in 20 districts who would have got locked out of access to subsidised LPG gas cylinders, for not having valid UID cards that are linked to banks. The court in its interim order had said that no one should be...
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Making Sense of Persistently High Inflation in India-Sthanu R Nair
-Economic and Political Weekly The rising prices of two product groups - primary articles and fuel - have been responsible for the build-up in headline inflation between December 2009 and August 2013. The most worrisome aspect is the high inflation in a majority of food articles in the last six years or so despite a favourable domestic food supply situation and low global food prices. Based on the analysis of the...
More »Electronic payment can save 1.6% of India's GDP: WB-Somesh Jha
-The Business Standard Says electronic payments can help manage fraud and leakage risks in government payment programmes The role that technology plays in the economy has become so integral that it can't be ignored, said a recent report by the World Bank. According to the report, electronic payments can save over one per cent of India's gross domestic product (GDP). "Cash may still be king at times, but compared with electronic payments, cash...
More »Some good news: Farm sector likely to grow over 5%-Surojit Gupta & Sidharth
-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
More »The Throneless...-Uttam Sengupta
-Outlook The faecal matter hits the rotary blades, politically-but we're still staring at a sanitation disaster "Indians defecate everywhere. They defecate mostly besides the railway tracks. But they also defecate on the beaches; they defecate on the hills; they defecate on the river banks; they defecate on the streets; they never look for cover." -V.S. Naipaul An Area of Darkness, 1964 Not...
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