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Aadhaar helped plug Rs 27,000 crore leakage in FY16

-The Times of India NEW DELHI: Usage of Aadhaar for Direct Benefit Transfer (DBT) has led to savings across several government welfare schemes, including Rs 27,000 crore in PDS, LPG distribution and MNREGS. At a review meeting on the progress of DBT, PM Narednra Modi was informed that in 2015-16, Rs 61,000 crore was distributed to over 30 crore beneficiaries using DBT. The PMO said over 1.6 crore bogus ration cards have been...

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Job growth at a snail’s pace -Santosh Mehrotra

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

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From Plate to Plough: Drop by careful drop -Ashok Gulati

-The Indian Express Convert crisis into opportunity: Shift from supply side augmentation to demand side management. Scattered “mango rains” have brought a little respite from scorching heat in certain places. Earlier, IMD’s forecast of above normal monsoon rains had given some hope for forthcoming acche din. Yet, a sizeable part of India is still smouldering under the grip of a drought. Bundelkhand and Marathwada are just samples, but in reality more...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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Freedom in peril -R Ramakumar

-Frontline The government’s passage of the Aadhaar Bill in complete disregard of even basic parliamentary procedures and in subversion of an ongoing judicial process puts at risk a number of constitutional rights and liberties of citizens. The benefits cited are just ploys to realise a neoliberal dream. “Congressmen are dancing as if [Aadhaar] was a herb for all cures. With the Supreme Court pulling up the Centre, people are now seeking...

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