-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...
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No conditions apply -Renana Jhabvala
-The Indian Express Cash in the hands of the poor can transform their lives. With bank accounts and an Aadhaar card for all becoming a reality, it is possible to transfer money directly to the poor and check middlemen who siphon away funds. Cash transfers (CTs) come in many forms. They may be conditional or unconditional, selective or non-selective, targeted or universal. Some types of CT are as susceptible to misuse as...
More »Call for discrimination shield for Muslims -Imran Ahmed Siddiqui
-The Telegraph New Delhi: A government panel that evaluated Muslims' post-Sachar socio-economic conditions has suggested an anti-discrimination law, targeted mainly at employers, to combat the growing disparity between the community and the rest of the country. The committee, headed by Jawaharlal Nehru University professor Amitabh Kundu, has failed to detect any "sea change on the ground" despite several welfare plans being launched for the community after Sachar's late-2006 report. Like Sachar, the Kundu...
More »Cash transfers can work better than subsidies -Guy Standing
-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
More »Charting a new course for India’s farm resurgence -G Chandrashekhar
-The Hindu Business Line Beefing up input delivery, expanding irrigation facilities & infusing technology are the key India needs rapid economic growth to lift people out of poverty and meet the basic needs of a growing population. It is well recognised that for growth to be inclusive, it must create adequate livelihood opportunities and add to decent employment commensurate with the expectations of a growing workforce. Massive growth in information and communication technologies...
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