Drag Drop Not Working in Windows 8

Today the I faced a strange problem when I started my Windows 8 system. Drag-Drop was not working. I was unable to move desktop icons, emails inoutlook, files from one folder to another etc.

I would like to share the solution here in case someone else faces the same problem:

1. Run the command prompt as administrator
2. type dcomcnfg and press enter
   
   
   
   
3. Expand Console Root -> Component Services -> Computers -> My Computer.
   
4. Right-click My Computer and choose Properties; see:
   
   
   
   
5. Go to the COM Security tab -> Access Permissions click Edit Default; as in:
   
   
   
   
6. Both System and Interactive should be listed with Allow Access. If either are missing, add them by clicking Add. See:
   
   
   
   
7. The location should have the local computer name and click advanced; as in:
   
   
   
   
8. Click "Find Now" and select "Interactive" or "System" as appropriate, as in:
   
   
   
   
9. Click OK.
   
   
   
   
10. Allow must be checked on Local Access for both users and click OK, as in:
    
    
    
    
11. And you are done. Now you can drag and drop.