Even as the National Rural Employment Guarantee Act enters its sixth year, Bihar Chief Minister Nitish Kumar said in Delhi on Thursday that cash transfers were the answer to the eternal questions about inefficiencies in government schemes. He had tried out direct cash transfers in his effort to give Bihar’s girls bicycles, he said, and discovered that the programme had a “92 per cent success rate”. No programme, he said,...
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High food prices forcing Indians to cut other spending, says Nielsen
THE boom in demand for apparel and mobile phones may soon be over as Indians plan to spend less on fun and entertainment to deal with rising food prices, a Nielsen study says. Indian consumers are extremely cautious about rising food prices and a sizeable section may defer purchases by 6-12 months, says the latest Nielsen global consumer confidence index released on Monday. Some companies, including LG Electronics and Future Group, agreed...
More »Kind to cash by Richard Mahapatra
The government has a plan to reach welfare to the poor without wasting money. It wants to put hard cash in their hands instead of spending on welfare programmes. To begin with, it wants to end the public distribution system of food grain and give money directly to the people. Its logic: the new system of cash transfer will plug leakages and save an enormous amount of money. But is it...
More »Census 2011 will begin on February 9 by Vinay Kumar
Query on SC, ST status included; caste-based enumeration from June to September 2011 Census 2011, billed as the largest peacetime mobilisation in the world, will see the massive exercise of population enumeration across the country simultaneously, between February 9 and 28. Registrar-General and Census Commissioner C. Chandramouli said on Wednesday that the biggest-ever census attempted in the history of mankind to enumerate the country's 1.2-billion population would be conducted across 35...
More »Companies named by CAG set to face CBI heat by Shalini Singh
After Raja, Behura and Chandolia, the heat's now on the new 2G licencees which have benefited from the telecom scam. Fear stalks the telecom industry that the CBI may now zero in on promoters and senior executives of some companies. The CBI FIR of October 2009 says, "Certain officials of DoT entered into a criminal conspiracy with certain private persons/companies and misused their official position in grant of Unified Access Service...
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