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...

-Economic and Political Weekly We support cash transfers such as old-age pensions, widow pensions, maternity entitlements and scholarships. However, we oppose the government’s plan for accelerated mass conversion of welfare schemes to Unique Identification Authority (UID)-driven cash transfers. This plan could cause havoc and massive social exclusion. We demand the following: (1) No replacement of food with cash under the public distribution system (PDS). (2) Immediate enactment of a comprehensive National Food Security...

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

-Live Mint High growth hasn’t led to more jobs  The years between 2004-05 and 2009-10 saw some of the highest rates of gross domestic product (GDP) growth for India. The problem, however, is that this high growth hasn’t led to more jobs. Employment elasticity—which is a measure of how employment varies with economic output—has come down dramatically. The Planning Commission says that employment elasticity has come down “from 0.44 in the first half...

-The Economic Times Along with your tablet, smartphone and car keys, get ready to pack a gas mask. And if you thought the recent smog in Delhi and the more-than-usual pollution levels (20% higher) in the last fortnight were due to the burning of residual crop in Punjab and Haryana, you are wrong. After a steady improvement since the late-1990 s, the air in Delhi — and all other Indian cities —...