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Show 'em the money -Josy Joseph

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...

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Growthwallahs need to pause and reflect-Anil Padmanabhan

-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...

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The World Bank’s misdiagnosis-Himanshu

-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment  The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...

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Rahul backs FDI in retail, says it will benefit farmers

-PTI Backing Centre's decision to allow FDI in multi-brand retail, Congress leader Rahul Gandhi has said the decision will help farmers prosper by removing middlemen from the supply chain and generate new jobs. Addressing the national executive of Indian Youth Congress in Srinagar last night, Rahul said FDI in retail will help farmers store their produce safely for a longer duration, thus ensuring best value for their crops. The 42-year-old AICC general...

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Who moved my poverty report? (Please save your copy fast)

Remember Arjun Sengupta Committee Report? It’s the same report which put paid to government’s shifting poverty estimates by asserting that almost 80% Indian survive on less than Rs 20 per day. Known as the National Commission for Enterprises in the Unorganized Sector (NCEUS), the report has gone missing from the public domain. The official website of NCEUS is no more working: http://nceus.gov.in, raising doubts regarding someone, somewhere trying to hide...

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