-The Economic Times An RBI-appointed panel of bankers will decide on the appropriate technology for retail payments in a month. And the choice is reportedly between Aadhaar, the biometric-based unique identity system, and EMV, a globally accepted technology standard for credit card, debit card and ATM transactions, used by Visa and MasterCard. This is baffling. Why should it be one technology standard or the other? Both Aadhaar and EMV should co-exist...
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More mines, fewer schools in former Maoist stronghold-Anumeha Yadav
-The Hindu Manoharpur (Jharkhand): Deep inside the Saranda sal forest, Thalkobad lies at the core of what was a CPI (Maoist) "liberated zone" in Jharkhand's West Singhbhum district along the Odisha border. Thalkobad, along with 24 other villages, was reclaimed by the Indian state after a massive military operation - Operation Anaconda-I in August 2011 to destroy the CPI (Maoist) Eastern Regional Bureau and several training camps inside Saranda. The village...
More »Why the Food Security Bill is neither populist nor unaffordable-Ashok Kotwal
-The Economic Times Criticism of the National Food Security Bill (NFSB) has led to the government dropping the idea of issuing an Ordinance and, instead, saying it would try to get the Bill passed in a special session of Parliament. But doubts persist over the very concept of the Bill. Is it not extravagant to subsidise food for such a large part of the population when the poor constitute only 30 per...
More »A case of misplaced euphoria -Vani S Kulkarni and Raghav Gaiha
-The Hindu In spite of the rosy picture painted by the World Bank, the prospect of eliminating extreme poverty remains distant In a protracted period of gloom and persistent recession with feeble signs of recovery in a large part of the developed world, the World Bank, Brookings Institution and others can be forgiven for their euphoria over the accomplishment of a key Millennium Development Goal (MDG) - of halving extreme poverty in...
More »Inflation spoils UPA’s report card -Sidhartha
-The Times of India NEW DELHI: For a man who prides himself as being the "original reformer", PM Manmohan Singh did not mention the word "reforms" even once in his speech on the ninth anniversary of UPA. And, it was only once that he talked of inflation. It was hardly surprising given that reforms do not seem to be on his radar in view of the tough political environment and inflation is...
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