-Livemint.com According to a senior BJP minister, a preliminary probe by the Maharashtra government identified these ‘Bank Accounts without a credible credit history’ Mumbai: The Maharashtra government has spotted nearly 1.5 million suspicious Bank Accounts it suspects were created merely to grab the benefits of its Rs34,022 crore farm loan waiver. According to a senior Bharatiya Janata Party (BJP) minister who is also a member of the ministerial group on farm loan waiver,...
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Cash transfers for subsidised foodgrain: Government claims 99% success. Not so, say 33% -Mridula Chari
-Scroll.in But study of the pilot scheme also finds that 67% of respondents now prefer cash transfers. In three Union territories where the government is running an experimental project to distribute cash instead of subsidised foodgrains, a third of beneficiaries surveyed said they either had not received any money at all (with or without proof) or did not know if they had received it. This despite government claims that 99% of...
More »Why Arun Jaitley is unable to cut petrol, diesel prices -Abhik Deb
-The Times of India NEW DELHI: In the last one week or so, the government has actively turned its focus towards reviving the country's economy. On Thursday, news agency Reuters quoted government officials to report that the Centre is planning to spend up to Rs 50,000 crore to arrest the 'economic slowdown'. This report came a day after Finance Minister Arun Jaitley said that the government is considering additional measures to...
More »Indian economy in a tailspin: What went wrong -Asit Ranjan Mishra and Gireesh Chandra Prasad
-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scandals and had mismanaged the economy. Three years on,...
More »MGNREGA, once world's largest source of rural livelihood, now a tale of decay and digital delay -Rashme Sehgal
-Firstpost.com Have women living in rural India benefitted from the Mahatma Gandhi National Rural Employment Scheme (MGNREGA)? MNREGA was introduced in 2006 and has emerged as the largest programme in the world for providing employment to the rural poor. While there is no doubt that MNREGA in a short span of ten years did help generate 20 billion person-days of employment benefitting 276 million workers from which more than half were women....
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