-Economic and Political Weekly Direct benefi t transfers in the form of cash cannot replace the supply of food through the public distribution system. Though it is claimed otherwise, DBT does not address the problems of identifying the poor ("targeting") and DBT in place of the PDS will expose the vulnerable to additional price fluctuation. Further, if the PDS is dismantled, there will also be no need or incentive for procurement...

-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...

-The Business Standard Monsoon revival saves standing crop but fails to fill drinking water wells, triggering acute shortage in some areas Jhunjhunu/Nawalgarh: Just opposite the highway leading to the Jhunjhunu district headquarters lies the hamlet of Pratappura. It is indistinguishable from the thousands of small dwellings that dot the countryside, but for the chasm between the upper and lower castes in this Jat-dominated area. The divide has widened after the sole source...

-The Telegraph   Supaul: A college graduate hailing from a farmers' family, Anil Kumar Yadav (32) roamed around in Delhi and Mumbai in search of a job only to return empty-handed, about three years ago. The very idea of getting engaged in the family's traditional vocation was "nightmarish" to him. Anil, a resident of Samda Chowk village under Basantpur block of Supaul district, around 350km northeast of Patna, today owns a spanking motorcycle,...