-Outlook Jaipur: Describing the proposed Direct Cash Transfer scheme a 'pure magic' that brings a big responsibility on banks for its implementation, Finance Minister P Chidambaram today asked bankers to work with the government to make the scheme a success. "Through this unique benefit transfer scheme, money when it is released, will instantaneously be credited in the bank account of the beneficiary, leaving no scope for corruption and pilferage. That is why...

-The Economic Times There is no need to get scared about losing internet freedom, at least till January 2015. That's the view of top telecom policy watchers, who closely monitored the World Conference on International Telecommunications (WCIT) of the International Telecommunication Union (ITU) that ended in uncertainty earlier this month in Dubai. Policy experts say the changes affecting internet users in India, if any, would be slow and minor with little or...

-The Hindu The 117th Constitution Amendment Bill has failed to define low representation of SCs/STs which is necessary to make reservation in promotions possible There is certainly a strong argument to be made in favour of reservation for the Scheduled Castes and the Scheduled Tribes in promotions but the 117th Constitution Amendment Bill that was passed in the Rajya Sabha is a poor attempt at achieving that goal. Article 16(4A) of the Constitution...

-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...

-The Hindu To address the rights issue and the skewed sex ratio, girl child-friendly policies get an extra thrust in the 12 Plan document, to be approved formally by this month-end The 12 Plan document of the Planning Commission, to be formally approved this month-end, has recommended setting up of a high level inter-ministerial committee on ‘Care and Protection of the Girl Child’ which will constitute the institutional mechanism for mobilising and...