-Newsclick.in The Infant Mortality Ratio (IMR) data, which has either risen or remained stagnant in urban areas raises questions about the condition of the urban health care system. While on one hand, the Narendra Modi led Bharatiya Janata Party (BJP) government has been making tall claims about its Ayushman Bharat scheme, crucial indicators such as Infant Mortality Ratio (IMR) are showing a deep disparity. The decline in the government’s expenditure on public...
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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)
-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
More »Need to eliminate distrust within private sector, 'extraordinary' steps needed: NITI Aayog on slowdown
-The Indian Express Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014." The Centre’s policy think tank Niti Aayog stated Thursday that the prevalent slowdown in the country’s economy is due to the distrust amongst the private sector where the credit situation is stagnant. “Nobody is trusting anybody else… within the...
More »Creating a fair digital payments market -Padmashree Gehl Sampath
-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily piloted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...
More »Spurt in SMP prices cheers dairy farmers -Rutam Vora
-The Hindu Business Line Export sops, higher consumption to help get rid of excess milk powder stocks The New Year is set to bring smiles on the faces of dairy farmers, thanks to firm prices of the skimmed milk powder (SMP) following export incentives by the government. Most co-operative dairies and Private Players were able to get rid of their excess SMP stock, which led to firming up of prices by at least...
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