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Govt to switch to cash transfers to deal with an unwieldy subsidy bill -Siddharth & Surojit Gupta

-The Times of India The government is set to step up its push for cash transfer of subsidies and adopt it as a policy doctrine in the run-up to elections, with two pilot projects validating the assumption that it would lead to significant savings for the government while enhancing benefits for users. A pilot project for cooking gas in Mysore run by state-run oil companies saw the number of connections dropping 40%...

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True Progressivism

-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....

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Cabinet clears way for direct transfer of fertilizer  subsidy-Surabhi Agarwal, Aman Malik and Liz Mathew

-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...

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The role of the small retailer -CP Chandrasekhar

-The Hindu In its attempt to demonstrate to foreign capital that it is committed to reform, UPA II has launched on what many consider a liberalisation blitz. A principal feature of the new measures is the greater space and influence being afforded to foreign investors in sectors varying from retail and civil aviation to insurance and pensions. Multiple arguments have been put out by official spokespersons to justify the new measures:...

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Aquifer atlas shows depletion in north India -Gargi Parsai

-The Hindu  India’s first aquifer atlas points to a sharp decline in groundwater levels in several parts of Delhi, West Uttar Pradesh, Haryana and Rajasthan. The atlas, compiled by the Central Ground Water Board (CGWB) under the Union Ministry of Water Resources, says within the national capital, South-West Delhi is worst affected by depleting groundwater levels. “One of the critical challenges during the 12th Five-Year Plan is to evolve strategies to manage ground...

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