Should they be targeted? Should they go to individuals or households? Are conditionalities necessary? Without a full consideration of these issues, cash transfers will remain an expensive gamble Having worked on cash transfers for over 25 years, and being an economist, I find recent criticisms of the idea shrill and ill-informed. Only a right-wing ideologue would call them a panacea or a cure-all. They would merely be a vast improvement on...
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Towards a secure retirement-Renuka Sane
-The Indian Express Increasing provident fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s provident fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...
More »Critics have got it wrong, Annashree Money meant to supplement other schemes: Sheila
-The Indian Express Under fire for her suggestion that a family of five could purchase a month’s ration of rice, wheat and pulses for Rs 600, Chief Minister Sheila Dikshit on Sunday claimed that her statement had been taken out of context. With the BJP cashing in on the criticism against Dikshit’s statement, the Chief Minister held her ground claiming that the critics had “failed to understand” the Delhi government scheme she...
More »On the Money
-The Indian Express The UPA is banking on cash transfers as a political tool, but it must concentrate on programme design The Congress has been congratulating itself on its newly announced direct cash transfer scheme — P. Chidambaram described it as a game-changer, Sonia Gandhi declared it nothing short of revolutionary, and Rahul Gandhi reportedly claimed that “Aapka Paisa, Aapke Haath” would bring the party generous political dividends. The Congress may have...
More »Aam Aadmi party learns from aam mahila
-Kafila.org This release was put out yesterday by the RIGHT TO FOOD CAMPAIGN On the second day of the “Right to Food dharna” convened by the Right to Food Campaign, hundreds of poor women from across the country braved the morning cold and rain to assemble at Jantar Mantar and voice their concerns, including the demand for a universal PDS, universalization with quality of ICDS, universal maternity entitlements, universal pensions for single...
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