-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...
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26,000 Lose Access To Food After Delhi Aadhaar Move -Sukirti Dwivedi
-NDTV Many of those who did not receive Rations were told to come after January 15 as the government had declared it would introduce iris scan and one time password from that day to solve the fingerprint issue. However, till date there are no signs of it, leaving people helpless. New Delhi: For 40-year-old Maya Devi's family in Delhi, survival has become a struggle as she has not been able to...
More »Forced formalisation is not healthy -C Rammanohar Reddy
-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Aadhaar is fine to stop some kinds of leakage and corruption. But it is no panacea. -Maitreesh Ghatak
-The Economic Times The art of good governance is through trial and error, figuring out what works where and how, and scaling up from below. Only then can one have a solid foundation. Aadhaar literally means something that holds (dhaaran: to hold). The word is interpreted either as a foundation or base (such as, to a building), or a container (such as, of water), even though given that it is an identity-verifying...
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