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Centre gears up to expand direct transfers to all 536 schemes -Surabhi

-The Hindu Business Line At present only 84 Central schemes are under DBT New Delhi: Hoping to give a push to its ambitious scheme for cash transfer of Subsidies, the Centre is in talks with nodal ministries and implementing agencies to expand the ambit of direct benefit transfer and Aadhaar seeding to all 536 schemes by the end of the year. “The objective is that service providers as well as service receivers in...

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Before Universal Basic Income, We Must First Get Social Spending Basics Right -Anjana Thampi and Ishan Anand

-TheWire.in The Economic Survey 2016-17 devotes a chapter to the provision of a Universal Basic Income (UBI), describing it as a “raging new idea,” a “radical new vision” and “the shortest path to eliminating poverty”. While warning that the UBI “should not become the Trojan horse that usurps the fiscal space for a well-functioning state,” the survey says a de facto UBI can be instituted in the existing “fiscal space”. It...

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Rewiring the WTO -Biswajit Dhar

-The Hindu Growing disenchantment with the existing model of globalisation is also a historic opportunity to frame new rules granting equal opportunities to all in the global marketplace The visit of Roberto Azevêdo, Director General of the World Trade Organisation (WTO) to India, from February 8, comes at a juncture when the framework of global trade rules is undergoing a shake-up. The Trans-Pacific Partnership (TPP) — which had almost become the standard...

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Government makes Aadhaar mandatory for availing PDS foodgrains

-PTI NEW DELHI: After cooking gas LPG, the government on Thursday made Aadhaar mandatory for availing subsidised foodgrains from the ration shops with a view to better the target of Rs 1.4 lakh crore subsidy under the food security law. The government has given time to those not having the biometric-based unique identification number to apply for Aadhaar by June 30. The government issued a notification to this effect but did stop short...

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Are NDA and UPA budgets radically different? -Tadit Kundu

-Livemint.com Whether the present Modi-led NDA government can live up the legacy of high capital expenditure by the Vajpayee government is the big question Arun Jaitley presented his fourth budget on 1 February 2017. This budget would be remembered for historical breaks from its predecessors due to dropping of plan versus non-plan expenditure categories, merging of railway budget into Union budget and advancing of budget date by a month etc. While these are...

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