Asserting that nuclear power will play a major role in meeting the energy needs of the country during the 12th Five-Year Plan, the Planning Commission on Thursday said the country needed an additional 1,00,000 MW of power during the 12th Plan period (2012-17) and therefore capacity expansion should be undertaken keeping the safety measures intact. Making a presentation to the Prime Minister at the full-fledged meeting of the Commission, Deputy Chairman...
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Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
More »DMK's free lunches turn costly by N Madhavan
Eighty labourers, both men and women, are at work at Thiruvanduthurai village in Tiruvarur district of Tamil Nadu, about 325 km south of Chennai. They are digging a pond - about an acre wide and six feet deep - funded under the Mahatma Gandhi National Rural Employment Guarantee Scheme, or MGNREGS. Outside the work perimeter, two middle aged men look on, worried. P. Murugan and K. Govindaraj are farmers from the...
More »Aadhaar sets stage for cash transfers by Surabhi Agarwal
In line with finance minister Pranab Mukherjee’s budget announcement on Monday that the government is looking at direct cash transfers as an alternative to the current subsidy on kerosene and fertilizers and to prevent leakages, the Unique Identification Authority of India (UIDAI) is planning to open Aadhaar-linked bank accounts for the purpose. These can be used for other financial transactions as well. The authority is in the process of empanelling banks...
More »Delhi sets Oct deadline for UID
Delhi Government is gearing up to commence work on bringing the entire city under the "Adhar" project wherein every person will be enrolled and issued a Unique Identification Number. The state has set October as the deadline for completing the UID enrolment exercise. Chief minister Sheila Dikshit on Monday chaired a meeting to review the status of the UID project. The meeting was attended by education minister Arvinder Singh, urban development...
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