-Livemint.com The Aadhaar project is a textbook example of how not to design and execute a public policy initiative in India When it was first launched in 2009, Aadhaar signalled a promise to repair the corroded plumbing of India’s leaky public delivery systems. The unique biometric identity would help reduce duplicate and ghost entries in the list of beneficiaries of government schemes, and pave the way for direct benefit transfers to them...

-The Hindu Business Line Uses SFT to identify people who made high Cash deposits during demonetisation period New Delhi: In hot pursuit of black-money hoarders who may have made high-value Cash deposits during the demonetisation window, the Income Tax Department has identified an additional 6.6 lakh people in the second phase of Operation Clean Money. The Central Board of Direct Taxes (CBDT) has harvested information from the Statement of Financial Transactions (SFT) to...

-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...

-Hindustan Times It’s a paradoxical fact. Families become smaller as better nutrition, vaccination and healthcare ensure couples lose fewer children to malnutrition and infections, such as diarrhoea, pneumonia, sepsis and tuberculosis India’s most comprehensive report card on health released earlier this year shows India’s total fertility rate (TFR) has dropped from an average of 2.7 children per women in 2006 to 2.2 a decade later. Around two in three states that are...

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...