-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

-The Hindu Only 75% of MGNREGS workers have been enrolled; many without Aadhaar number denied access to benefits GOLLAPROLU (EAST GODAVARI, AP): The popular tagline for the Aadhaar-linked Direct Benefits Transfer (DBT) is Aam aadmi ka paisa, aam aadmi ke haath (People’s money in their own hands). The DBT pilot project was launched in East Godavari district of Andhra Pradesh earlier this month, with Union Rural Development Minister Jairam Ramesh hailing the scheme...

-Al Jazeera UK-based charity says the world's 100 richest people earned enough in 2012 to end global poverty four times over. The world's 100 richest people earned enough money last year to end world extreme poverty four times over, according to a new report released by international rights group and charity Oxfam. The $240 billion net income of the world's 100 richest billionaires would have ended poverty four times over, according to the...

-The Hindu With a single stroke, the government has made over 3.5 crore existing post office accounts ready for its new Aadhaar-linked cash transfer scheme. The accounts, which belong to MGNREGA workers over the country, were originally to be used only for receiving wages under the rural Employment guarantee scheme. However, the government has now woken up to the potential of using the ready-made network of accounts to directly transfer benefits such...

-Live Mint National Advisory Council seeks an institutional audit of the implementation of the Right to Education programme In yet another signal that the ruling Congress party is getting ready for the next general election, the National Advisory Council (NAC), which sets the social agenda for the Union government, has sought an institutional audit of the implementation of the government’s marquee Right to Education (RTE) programme. NAC is headed by Congress party...