-The Economic Times NEW DELHI: The Intelligence Bureau has termed loan waiver and relief packages for distressed farmers as "short-term" measures and said the issue of farmer suicides needs a comprehensive solution. In a report to the Prime Minister's Office last week, the IB said farmer suicide is on a rise in Maharashtra, Telangana, Karnataka and Punjab. It also pointed to suicides by debt-ridden farmers in Gujarat, UP and Tamil Nadu...
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Pranab Bardhan, emeritus professor of economics at the University of California at Berkeley interviewed by Pramit Bhattacharya
-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...
More »Making India Inc. accountable -Vidya Venkat
-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The winter session of Parliament witnessed a noisy debate on the black money controversy. Governments of all hues have disappointed the Indian janata on the issue of black money and the failure is often associated with a perceived nexus between politicians...
More »Only 48 per cent of Indian adults have access to bank accounts: Report
-PTI NEW DELHI: Only 48 per cent of Indian adults have bank accounts and nearly half of them lie dormant, says a report. According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, Pakistan and Bangladesh. The survey compiled by the Financial Inclusion Insights programme, operated by global strategic research consultancy InterMedia and supported by the Bill & Melinda...
More »Jan Dhan: Inclusion scheme excludes most -Vrishti Beniwal
-Business Standard Restricts scope of life insurance cover to bring down burden on the exchequer The government has started applying exclusion principles to its inclusion scheme, the Pradhan Mantri Jan Dhan Yojana (PMJDY). The life cover of Rs 30,000 announced by Prime Minister Narendra Modi for all those opening a bank account under the scheme will now exclude many. The finance ministry has put several riders for defining one's eligibility for a life...
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