Should they be targeted? Should they go to individuals or households? Are conditionalities necessary? Without a full consideration of these issues, cash transfers will remain an expensive gamble Having worked on cash transfers for over 25 years, and being an economist, I find recent criticisms of the idea shrill and ill-informed. Only a right-wing ideologue would call them a panacea or a cure-all. They would merely be a vast improvement on...
More »SEARCH RESULT
Towards a secure retirement-Renuka Sane
-The Indian Express Increasing provident fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s provident fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...
More »90 nations sign Net treaty amid split
—AP Envoys from nearly 90 nations signed on Friday the first new U.N. telecommunications treaty since the Internet age, but the U.S. and other Western nations refused to join after claiming it endorses greater government control over cyberspace. The head of the U.N. telecoms group pushed back against U.S. assertions, defending the accord as necessary to help expand online Services to poorer nations and add more voices to shape the direction of...
More »CEOs give new land acquisition Bill the thumbs down
-The Business Standard The Bill will negatively impact new projects, with land acquisition cost going up by as much as 150%, say industry captains After the initial euphoria, leaders of India Inc are realising that the proposed Land Acquisition, Rehabilitation and Resettlement Bill will not make their lives easier. Instead, it will negatively impact new projects, with land acquisition cost going up by as much as 150 per cent, making large projects...
More »An insider’s critique -Mahim Pratap Singh
-The Hindu A report prepared by the District Supply Officer (DSO), Alwar, highlights several areas where the pilot scheme falls short. Kotkasim: There are 25,843 ration card holders in Kotkasim district. However, bank accounts for the cash transfer have been opened only for 13,458 card holders – a little over 50%. Villagers asked to use their post office accounts, which were rejected as these accounts do not have online Services. Other reasons...
More »