The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

-The Hindu The Rashtriya Swasthya Bima Yojana (RSBY) — a Health Insurance scheme that provides free hospitalisation to the poor — would become a major fiasco if insurance companies continue to throw a spanner, reveals a study. The Rashtriya Swasthya Bima Yojana (RSBY) — a Health Insurance scheme that provides free hospitalisation to the poor — would become a major fiasco if insurance companies continue to throw a spanner, reveals a World...

-Outlook Gutka lobby protests stick’s escape Law On Their Side The tobacco industry has enough clout and money to secure the support of top politicians-cum-lawyers in courts:     Arun Jaitley: ITC, market leader in cigarettes     Ram Jethmalani and Abhishek Manu Singhvi: Dharampal Satyapal Ltd     Kapil Sibal: Dhariwal industries *** Just about two months back, newspaper readers were taken aback by a series of front-page ads, one of which stated how 14 states had had banned...

-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...

-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....