-Livemint.com Note ban was the biggest move by the Narendra Modi-led govt, but it was also its most underwhelming initiative, judged by the economic impact it had MUMBAI/ NEW DELHI: Mumbai: Of all the initiatives of the National Democratic Alliance (NDA) government, none was as historic or dramatic as the decision to demonetize high-value currency notes. On 8 November 2016, in a televised address to the nation, Prime Minister Narendra Modi declared...
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Under PM Kisan Scheme, Why is Money Credited Into Some Farmers' Accounts Quickly Deducted? -Dheeraj Mishra
-TheWire.in Documents obtained through RTI requests shed more light on complaints by farmers that money deposited under the PM Kisan scheme was immediately debited by the banks. New Delhi: A right to information (RTI) query filed by The Wire has revealed that crores of rupees credited into farmers’ accounts under the Modi government’s ambitious PM Kisan Samman Nidhi (PM-Kisan) scheme were reversed within a few hours. The BJP has been championing the...
More »Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »506 students from Telangana?s tribal and social welfare schools crack JEE Mains
-TheNewsMinute.com Out of the 506 students who have cleared the exam, 307 are from social welfare residential institutions and 199 from tribal welfare institutions. For the first time ever, 506 students belonging to the Telangana Tribal Welfare Residential Educational Institutions (TTWREIs) and Social Welfare Residential Educational Institutions (TSWREIs) cracked the JEE Mains, 2019 and have qualified for JEE Advanced to be held this month. This comes as an achievement since it is...
More »Meanwhile, on the Jobs Front -Subodh Varma
-Newsclick.in Latest CMIE data shows that unemployment rate continues to steadily climb up even as PM Modi and his party try to divert attention by talking about air strikes and ‘national security’. If ever there was a case of “Nero fiddling while Rome was burning” then India today is the best example. The country is going through one of its worst jobs crisis, well documented by several surveys and confirmed by reports...
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