-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...
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No fear of losing internet freedom till Jan 2015: Experts- Kim Arora
-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...
More »Myths of our making-Pratap Bhanu Mehta
-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...
More »FDI in retail? say a big NO -Anupam Bhargava
-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....
More »Tirap farmers say no to opium-Pullock Dutta
-The Telegraph Jorhat: Naglo and Lonliam, two nondescript villages in the Lazo area of Tirap district in Arunachal Pradesh, have taken a path-breaking decision that could stir others like them out of their opium-induced stupor. The two villages have agreed to give up opium cultivation and will sign an understanding with the district administration to that effect when five frontier districts, including Tirap, of the state, bordering Myanmar and China, join hands...
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