-DNA OBCs make upto 66.48% of the total 17.92 crore rural households – much higher than 54% decided by the Mandal Commission in 1980 Even as the Union government shied away from releasing the caste data collected in 2011, the rural socio-economic survey data put out on Friday speaks of two Indias – that of the affluent and the poor. Around 73 % of the country's people live in villages, with the...
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NDA govt kicks off PDS reforms with direct cash transfers - Asit Ranjan Mishra
-Livemint.com Starting September, govt will usher in direct cash transfers to Aadhaar-linked bank accounts of beneficiaries in Puducherry, Chandigarh, Dadra and Nagar Haveli New Delhi: The government has decided to bite the bullet on public distribution system (PDS) reforms. Starting September, it will usher in direct cash transfers to the Aadhaar-linked bank accounts of beneficiaries in Puducherry, Chandigarh and Dadra and Nagar Haveli. In Daman and Diu, PDS benefits will be provided...
More »‘Housing for all’ Shelter scheme to exclude rental plan -Shalini Nair
-The Indian Express As per the earlier proposal, the Centre was to provide for 75 per cent of the construction cost of rental units. As Prime Minister Narendra Modi unveils the ‘Housing for All’ by 2022 on Thursday, rental housing, proposed with an outlay of Rs 6,000 crore, will now be missing from the NDA government’s flagship shelter mission. According to officials, the mission originally had provisions for creation of urban rental...
More »Cutting the Food Act to the bone -Biraj Patnaik
-The Hindu Two years after vociferously arguing for an expansion of the provisions of the National Food Security Act, the BJP in government is bleeding it with a thousand cuts, both fiscal and otherwise When Parliament passed the National Food Security Act (NFSA) in 2013, it had already become one of the most debated pieces of legislation in decades. Those for and against it had fought it out across yards of space...
More »Super rich defaulters push Indian banks towards collapse
-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs. It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...
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