It would be sad if the potential of cash transfers was lost as a result of hasty posturing by those on various sides of the debate. The fact is that, in India today, poverty and economic insecurity remain endemic in spite of fantastic economic growth. The existing system has failed to arrest the growing number in poverty, despite substantial government spending ostensibly designed to reduce poverty. Could cash transfers help? A...

Unhappy with the government's “failure” to honour the promises made for persons with disability under the 11th Five Year Plan, the Disabled Rights Group has demanded that it implement at least those decisions that can be achieved in the remaining period of the Plan. The group will register its protest in front of the Planning Commission office on Friday, when the first meeting of the steering committee on ‘empowerment of persons...

Amidst growing land acquisition rows across the country, the Supreme Court today suggested the government come out with a “reasonable compensation policy” to meet the genuine grievances of land owners. A vacation bench of justices G. S. Singhvi and C. K. Prasad felt if a proper monetary compensation policy was evolved by the government the frequent disputes over acquisition of lands by government would not arise. “We think if the state formulates...

The chairman of Commission for Agricultural Costs and Prices (CACP), Ashok Gulati, is a well-known proponent of reforms and an agricultural economist with diverse experience. Prior to taking charge of CACP, he was the International Food Policy Research Institute director in Asia. In an interview, Gulati spoke about the urgency for initiating reforms in the agricultural sector and made a strong case for intervention to check falling wheat prices either...

Food inflation fell to 8.53 per cent for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76 per cent. The latest numbers are likely to come as a relief to the government and the RBI, especially at a time when the central bank's Monetary policy for the fiscal, released...