Cash transfers cannot and should not replace the public provision of essential goods and services, but rather supplement them. Cash transfers are the latest fad of the international development industry, as the preferred strategy for poverty reduction. And now Indian policymakers are busy catching up. The idea was mooted in the Government's Economic Survey for 2010-11, and the Finance Minister made an explicit announcement in his budget speech for replacing some...

Then Clive Lloyd took over the West Indies cricket team, he knew he was no Garfield Sobers. Lloyd focused on infusing discipline and strategy sessions with the team. "Both exceptional leaders, Sobers led by example, while Lloyd built a team. I suspect Jairam Ramesh is more like Sobers," an environment analyst sums up his assessment of the minister. The Sobers analogy crops up, in explicit and implicit ways, in any...

President Pratibha Patil today reaffirmed the government’s resolve “to maintain the momentum for reforms on a wide front”, prompting policymakers to outline the possible economic agenda ahead of the budget just a week away. Top officials offered their take on the phrase, mentioned in Patil’s speech to Parliament at the start of the budget session. According to the them, Prime Minister Manmohan Singh and finance minister Pranab Mukherjee are looking to...

The chief of the army's central command surveyed Abhujmaadh forests from the air and then landed in Raipur to allay anxieties over a potential conflict escalation in the Maoist controlled forest in Chhattisgarh's Narayanpur district where the army plans to train its troops. "We will exercise maximum restraint. This is our country, they are our people," said Lieutenant General Vijay Ahluwalia, emphasising that the army would be deployed solely for the...

The Environment Ministry's clearance of projects such as Posco, Jaitapur and Lavasa will cause havoc in our gravely endangered environment. EVEN the worst pessimist could not have imagined that the January 31 order of the Ministry of Environment and Forests (MoEF) approving the South Korean-origin company Posco's steel project in Orissa would be as bad as it actually is. Construction of the Rs.54,000-crore steel plant, its captive power unit and private...