Should they be targeted? Should they go to individuals or households? Are conditionalities necessary? Without a full consideration of these issues, cash transfers will remain an expensive gamble Having worked on cash transfers for over 25 years, and being an economist, I find recent criticisms of the idea shrill and ill-informed. Only a right-wing ideologue would call them a panacea or a cure-all. They would merely be a vast improvement on...

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...

-The Hindu Though more people in India are in the textile sector, than in any other of the economy, bar agriculture, hostile and indifferent government policies are giving it short shrift Handloom weavers from all over the country are on a 72-hour hunger strike at Jantar Mantar in New Delhi from today in protest against the government’s textile policy. The protest is led by Rastra Cheneta Jana Samakhya, the State Handloom Weavers’...

-The Indian Express The UPA’s cash transfer scheme — delivering over Rs.3.2 lakh crore in subsidies and welfare programmes to the poor, directly to their bank accounts — has raised fears in many quarters about the capacity of a rickety state apparatus to cope with messy implementation issues. Our collective self-confidence about being able to implement any new policy is so low today, we seem to be paralysed by the mere...

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...