-IPS News When India was admitted to the world’s nuclear power industry nearly five years ago, many believed that this country had found a way to quickly wean itself away from dependence on coal and other fossil fuels that power its economic growth. After all, India already had a home-grown nuclear power industry that was producing about 4,000 megawatts of power from 19 nuclear reactors, defying a United States-led embargo on nuclear...

-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

-The Business Standard Reetika Khera Professor, Indian Institute of Technology, Delhi* “Aadhaar is being made de facto compulsory for welfare schemes. With two-thirds without Aadhaar, they are bound to be denied entitlements” There are three components of the government’s direct benefit transfer scheme — computerisation, extending banking services and linking the benefits with Aadhaar. The real game-changers are the first two, whereas Aadhaar-enabled transfers carry the risk of excluding current beneficiaries. The Central government has...

-The Hindu Difficulty in implementing schemes, owing to conceptual confusion at multiple levels: Khurshid External Affairs Minister Salman Khurshid on Sunday attributed the difficulty in administering and implementing welfare programmes for Muslims to conceptual confusion evident at multiple levels — from courts through policymakers and social scientists and experts. Mr. Khurshid, who previously held charge of the Ministry of Minority Affairs, said a Supreme Court interim stay had facilitated the implementation of four...