Issue: October 2016
 
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Cover Story 
Textiles’ – the word brings up images of beautiful drapes – cotton, silk, chiffon, lace. Whether it is the material draped on the figurine of the lady f...
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Lead Article

Textiles the word brings up images of beautiful drapes cotton, silk, chiffon, lace. Whether it is the material draped on the figurine of the lady from Mohenjadaro, the stylish drapes of Cleopatra, the ball dance gowns of the Victorian Era or the lovely dresses worn by our own queens and princesse...

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Articles
  Tapping Sustainable Energy Alternatives
  The second lead article, which is also focus article, is written by Shri N Bhadran Nair. Citing a report of the World Health Organisation, the author has advocated for tapping sustainable energy alternatives
  Financing Renewables in India
  The third article is written by Shri P C Maithani, Adviser, Ministry of New and Renewable Energy. He has focussed on renewable energy resources
  Steps to Achieve India’s Solar Potential
  The special article is written by Sumant Sinha, Chairman and Managing Director of ReNew Power. He opines that India must also honour its global commitments on curbing greenhouse gas emissions
The Direct Benefits Transfer: No need for hype but certainly a hope
Jairam Ramesh, Varad Pande

The Direct Benefits Transfer Initiative is the real tool against corruption that will ensure that the welfare state doesn’t degenerate into a farewell state. The Government of India has announced the Direct Benefits Transfer initiative with the aim of ensuring better and more timely delivery of benefits to the people. This marks a paradigm shift, where the State is explicitly taking responsibility to ensure that welfare schemes and basic entitlements reach the intended beneficiaries much more effectively than at present. What will DBT do? The DBT programme aims that entitlements and benefits to people can be transferred directly to them through biometric-based Aadhaarlinked bank accounts, thus reducing several layers of intermediaries and delays in the system. The lastmile of the initiative is the most important — the system will allow actual disbursements to take place at the doorstep of the beneficiaries through a dense, interoperable network of business correspondents (BCs) using biometric micro ATM machines. Thus, the yardstick of success is not going to be that the money has reached a bank account, but that it has reached the hands of the intended beneficiary — a student, a pensioner, a widow, an elderly person, a disabled person, a poor family.

 
 
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Do you know? : What is Forensic Auditing
Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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