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...

-Frontline Maharashtra’s sugarcane farmers are a worried lot as the State government backs out from the sugar pricing process.  Sangli & Kolhapur: KOLHAPUR and Sangli districts in Maharashtra form the heartland of Indian sugar industry. This time of year is generally the busiest, with itinerant labourers cutting sugarcane and loading it on to tractors that roar off to the more than 20 sugar factories in the two districts. In November and December,...

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

-DNA For the first time, Maharashtra has officially admitted that cotton yield is likely to reduce by nearly 40%. Bt cotton failure in more than 4 million hectares of land has reduced cotton yieldfrom 3.5 million quintal to 2.2 million quintal. A report sent by the state agricultural department to the Centre states that the estimate of the net direct economic loss to cotton farmers in the state will be nearly Rs6,000...

-Firstpost.com The floodgates seem to have opened when it comes to news reporting on Robert Vadra and his real estate dealings. DNA today reported that “In a flurry of deals between June 2009 and August 2011, Robert Vadra purchased at least 20 plots of land collectively measuring more than 770 hectares in Rajasthan’s Bikaner district, in a region that would see prices spiraling soon after.” According to the newspaper, “A clutch of...