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LATEST NEWS UPDATES | With a huge informal economy, government should increase spending, not worry about deficit -Maitreesh Ghatak

LATEST NEWS UPDATES

With a huge informal economy, government should increase spending, not worry about deficit -Maitreesh Ghatak


January 24, 2020

-The Indian Express To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day. That India is in the midst of a serious economic slowdown is no longer...

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The flawed spin to India's cotton story -Imran Siddiqi
January 24, 2020

-The Hindu The country’s hybrid seed model for cotton favours seed companies over farmers Genetically Modified (GM) pest resistant Bt cotton hybrids have captured the Indian market since their introduction in 2002. These now cover over 95% of the area under cotton, with the seeds produced entirely...

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Senior citizens, widows demand pension hike before elections
January 24, 2020

-The Hindu Shanti Devi, a 70-year-old widow, spends her days cleaning houses in Okhla to earn a meagre sum as she has not got her government pension for over two years. “I went to the social welfare office. I showed them my passbook, my Aadhaar card,...

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Is MGNREGS the answer to the rural slowdown? -Sneha Alexander & Nikita Kwatra
January 24, 2020

-Livemint.com MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are...

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'Open more private hospitals in next five years, make healthcare a fundamental right': Panel -Sumi Sukanya Dutta
January 24, 2020

-The New Indian Express The committee recommended that the number of MBBS and PG seats in the country be made equal by 2025, along with shifting healthcare from the state list to the concurrent list in the Constitution. NEW DELHI: A high-level panel on reforms in the...

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