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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)

-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...

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Cash transfers more effective than PDS, says ICRIER-OECD report -TV Jayan

-The Hindu Business Line Direct bank transfers plug leakages in food distribution, ensure better nutritional security New Delhi: Irrespective of teething problems encountered in places where it was launched as pilot, direct cash transfers are far more effective than food subsidy in reducing food insecurity and nutritional imbalances among the Indian population, a new report has shown. Currently, India spends ?1,45,400 crore — about 1.3 per cent of its GDP — to give...

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Poor prefer subsidized grains over cash dole, finds Jharkhand audit -Sayantan Bera

-Livemint.com Close to 97% of the 8,370 respondents surveyed in Jharkhand’s Nagri block said they prefer in-kind food subsidies due to the hardships faced while withdrawing cash and accessing ‘rations’ New Delhi: An audit by the Jharkhand government of the direct benefit transfer (DBT) of food subsidy has found that most households prefer subsidised grains over cash transfers. Close to 97% of the 8,370 respondents surveyed in Jharkhand’s Nagri block said they prefer...

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In terms of ease, citizens of Nagri block in Ranchi dislike the pilot cash transfer-based PDS, reveals social audit

  The outcome of a social audit (conducted in April this year) related to the pilot cash transfer programme in the public distribution system (PDS) in Nagri block (Ranchi district) has confirmed that most beneficiaries want back the normal ration system that existed previously. Yet the Jharkhand state government continues with the DBT-based PDS in Nagri block, instead of returning back to the older system, says a press release by the...

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If Jharkhand's Direct Benefit Transfer Experiment Isn't Working, Why Is It Still On? -Jahnavi Sen

-TheWire.in A government social audit conducted in April has found that 96.9% of people in Nagri block want to go back to the old public distribution system rather than continue with the Aadhaar-link benefit transfers. New Delhi: Even though a Jharkhand government social audit has confirmed widespread dissatisfaction with the Aadhaar-linked direct benefit transfer (DBT) pilot experiment in the public distribution system (PDS) in Nagri block, the project continues as before. The pilot...

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